SBA Loans for Electronic Parts and Equipment Wholesalers
Looking for SBA loans for electronic parts and equipment wholesalers? The SBA may be the answer. This $860,000 electronic parts and equipment wholesalers loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fort Lauderdale, Florida was able to borrow $860,000 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $645,000 of this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: ELECTRONIC PARTS AND EQUIPMENT
FORT LAUDERDALE, FL 33321
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.
SIC Code
5065 - Electronic Parts and Equipment
NAICS Code
421690 - Electronic Parts and Equipment Wholesalers
Loan Approval Date
9/29/2000
Loan Approval Gross Amount
$860,000
Loan Approval from the SBA
Of the total $860,000 loan amount, the SBA guaranteed $645,000.
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 12 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 12 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
We can help you find the best banks for small businesses in Fort Lauderdale or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Small Business Credit Cards
Find an SBA Lender in Roseville, California
Find an SBA Lender in California