Wachovia Sba Lending, Inc. SBA Loan to Wood Products Company

Looking to get a Texas SBA loan? Here's one Texas business loan that was approved by the SBA.

This small business needed an SBA business loan in El Paso, Texas back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Wachovia Sba Lending, Inc., operating out of San Antonio, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: WOOD PRODUCTS
EL PASO, TX 79932

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
45 NE LOOP 410, #330
SAN ANTONIO, TX 78216

When it made this small business loan, this lending institution participated in the SBA's Certified Lenders Program (CLP). This program is designed to ensure speedy service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2499 - Wood Products

Loan Approval Date

4/21/2000

Loan Approval Gross Amount

$606,000

Loan Approval from the SBA

Of the total $606,000 loan amount, the SBA guaranteed $454,500.

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 22 employees. The loan application indicated that the loan would help generate 8 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wachovia Sba Lending, Inc. that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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