Loan Census Banking News and Information
December 23, 2024  
 
 
  Business Loan Information  
 

SBA Lenders in Colorado

 

 
Loan Census SBA Loan Info

Financing for Durable Goods Wholesalers

Looking for commercial loans for durable goods wholesalers? Talk to a banker who works with the SBA. This $419,400 durable goods wholesalers loan was issued by a California bank.

This business knew how to go about getting a business bank loan. Based in Colorado Springs, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Wachovia Sba Lending, Inc., based in Roseville, California.

SBA Loan Borrower

COMPANY TYPE: DURABLE GOODS WHOLESALERS
COLORADO SPRINGS, CO 80907

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

421990 - Durable Goods Wholesalers

Loan Approval Date

5/15/2002

Loan Approval Gross Amount

$419,400

Loan Approval from the SBA

Of the total $419,400 loan amount, the SBA guaranteed $314,550.

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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This SBA loan was for $419,400. How would you spend $419,400 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Equity Financing

Good Banks for Small Business in Roseville, California

California SBA 7A Banks