Medical Laboratories Bank Loans
Looking for bank loans for medical laboratories? An SBA loan may be just what you've been looking for. This $459,200 medical laboratories loan was issued by a California bank.
This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Wachovia Sba Lending, Inc., out of Roseville, California. The loan was granted and they received $459,200 to help grow their Columbus, Georgia business.
SBA Loan Borrower
COMPANY TYPE: MEDICAL LABORATORIES
COLUMBUS, GA 31904
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621511 - Medical Laboratories
Loan Approval Date
3/29/2007
Loan Approval Gross Amount
$459,200
Loan Approval from the SBA
Of the total $459,200 loan amount, the SBA guaranteed $344,400.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 27 employees. The SBA loan application for the borrower indicated that the loan would help generate 19 new jobs and retain 8 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Wachovia Sba Lending, Inc. and they will explain how you can get an SBA loan for your company.
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.
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