Roseville, California Lender Lends Money to Business Service Centers Company
Thinking about meeting with a Roseville, California bank about a small business loan? Here's one New Jersey business loan, issued by a Roseville bank, that was approved by the SBA.
Applying for an SBA loan with Wachovia Sba Lending, Inc. worked out well for our friends at one local company in Edison (township Of), New Jersey. The business was able to get an SBA loan for $372,300. Way to go!
SBA Loan Borrower
COMPANY TYPE: BUSINESS SERVICE CENTERS
EDISON (TOWNSHIP OF), NJ 08837
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
This lender provides SBA small 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
561439 - Business Service Centers
Loan Approval Date
10/14/2005
Loan Approval Gross Amount
$372,300
Loan Approval from the SBA
Of the total $372,300 loan amount, the SBA guaranteed $279,225.
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 8 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 8 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Wachovia Sba Lending, Inc. 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:
Obtaining Funding - Friends and Family
SBA 7A Banks in Roseville, California
Find an SBA Lender in California