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November 14, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Reupholstery And Furniture Repair Loan | ||||
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Business Loans for Franklin Businesses
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Small Business Loans for Reupholstery and Furniture RepairLooking for small business loans for reupholstery and furniture repair? Talk to a banker who works with the SBA. This $764,000 reupholstery and furniture repair loan was issued by a California bank. This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Wachovia Sba Lending, Inc., out of Roseville, California. The loan was granted and they received $764,000 to help grow their Franklin, Massachusetts business. SBA Loan Borrower COMPANY TYPE: REUPHOLSTERY AND FURNITURE REPAIR SBA Loan Lender WACHOVIA SBA LENDING, INC. This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811420 - Reupholstery and Furniture Repair Loan Approval Date 4/4/2001 Loan Approval Gross Amount $764,000 Loan Approval from the SBA Of the total $764,000 loan amount, the SBA guaranteed $573,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 19 employees. The SBA loan application for the borrower indicated that the loan would help retain 19 existing jobs. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Raising VC Money for Social Networking Companies Best Roseville, California Banks for Small Business Getting an SBA Loan in California
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