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December 22, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Winston Salem, Business Loans > Wachovia Bank Winston Salem Business Loans > Air-Conditioning And Warm Air Heating Equipment Loan | ||||
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Business Loans from Wachovia Bank
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Business Loan from Wachovia Bank Given to Air-Conditioning And Warm Air Heating Equipment CompanyWachovia Bank has a track record as a leading provider of SBA loans. Find out how this Virginia entrepreneur received an SBA loan from them. This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Wachovia Bank, out of Winston Salem, North Carolina. The loan was granted and they received $250,000 to help grow their Front Royal, Virginia business. SBA Loan Borrower COMPANY TYPE: AIR-CONDITIONING AND WARM AIR HEATING EQUIPMENT SBA Loan Lender WACHOVIA BANK This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 333415 - Air-Conditioning and Warm Air Heating Equipment Loan Approval Date 4/25/2001 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. 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 11 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 15 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: A Company That Helps Entrepreneurs Best Winston Salem, North Carolina Banks for Small Business Getting a Business Loan in North Carolina
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