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December 18, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Birmingham, Business Loans > Wachovia Bank Birmingham Business Loans > Furniture Stores Loan | ||||
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Wachovia Bank
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SBA Loan from Wachovia Bank Helps Furniture Stores CompanyAn SBA loan from Wachovia Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Hazlehurst, Georgia business owner got a $100,000 loan. Getting a small business loan in Hazlehurst, Georgia was an essential business goal for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Bank, operating out of Birmingham, Alabama. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: FURNITURE STORES SBA Loan Lender WACHOVIA BANK 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. NAICS Code 442110 - Furniture Stores Loan Approval Date 1/16/2002 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you are working on finding money to start a business in Hazlehurst GA, you ought to talk with a local Hazlehurst SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hazlehurst businesses. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Wachovia Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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 SBA 7A Lenders in Birmingham, Alabama
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