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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Euless, Business Loans > Wachovia Bank Euless Business Loans > Video Tape And Disc Rental Loan | ||||
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Banks Doing SBA Loans in Texas
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Euless, Texas Lender Lends Money to Video Tape And Disc Rental CompanyGet SBA loans from an Euless, Texas bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. Wachovia Bank is a Euless, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Texas company. SBA Loan Borrower COMPANY TYPE: VIDEO TAPE AND DISC RENTAL SBA Loan Lender WACHOVIA BANK This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 532230 - Video Tape and Disc Rental Loan Approval Date 12/7/2000 Loan Approval Gross Amount $73,500 Loan Approval from the SBA Of the total $73,500 loan amount, the SBA guaranteed $58,800. 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 6 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $73,500 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Good Banks for Small Business in Euless, Texas
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