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November 24, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Floor Laying And Other Floor Work Loan | ||||
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Get an SBA 7A Loan in Chesapeake, Virginia
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Wachovia Sba Lending, Inc. Gives Small Business Loan to Floor Laying And Other Floor Work CompanyWould a Virginia business loan help your company expand? If so, you may want to talk with this California bank, which offers SBA loans to Virginia entrepreneurs. You can learn something about getting a small business loan in Chesapeake, Virginia by studying this loan to a local business, made back in 2005. Banks like Wachovia Sba Lending, Inc. may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: FLOOR LAYING AND OTHER FLOOR WORK SBA Loan Lender WACHOVIA SBA LENDING, INC. This lender issued this commercial loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1752 - Floor Laying and Other Floor Work NAICS Code 238330 - Flooring Contractors Loan Approval Date 9/28/2005 Loan Approval Gross Amount $1,138,400 Loan Approval from the SBA Of the total $1,138,400 loan amount, the SBA guaranteed $853,800. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 9 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Dealing With Venture Capitalists Best Banks in Roseville, California
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