Direct Mail Advertising Commercial Loans
Looking for commercial loans for direct mail advertising? Talk to a banker who works with the SBA. This $35,000 direct mail advertising loan was issued by an Alabama bank.
This business knew how to go about getting a business bank loan. Based in Clearwater, Florida, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Wachovia Bank, based in Birmingham, Alabama.
SBA Loan Borrower
COMPANY TYPE: DIRECT MAIL ADVERTISING SERVICES
CLEARWATER, FL 34622
SBA Loan Lender
WACHOVIA BANK
420 N 20TH ST
BIRMINGHAM, AL 35203
This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7331 - Direct Mail Advertising Services
NAICS Code
541860 - Direct Mail Advertising
Loan Approval Date
1/18/2000
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $28,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 20 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 20 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Wachovia Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Understanding Dilution
Where to Get an SBA Loan in Birmingham, Alabama
SBA Alabama Lenders