Wachovia Sba Lending, Inc. SBA Loan to Fabricated Metal Product Manufacturing Company
Wachovia Sba Lending, Inc. has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Denton, Texas was able to borrow $501,500 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $376,125 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: FABRICATED METAL PRODUCT MANUFACTURING
DENTON, TX 76201
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
This lender provides SBA guaranteed business loans 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.
NAICS Code
332999 - Fabricated Metal Product Manufacturing
Loan Approval Date
6/17/2002
Loan Approval Gross Amount
$501,500
Loan Approval from the SBA
Of the total $501,500 loan amount, the SBA guaranteed $376,125.
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 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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.
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