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November 22, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > Birmingham, Business Loans > Wachovia Bank Birmingham Business Loans > Dental Equipment And Supplies Manufacturing Loan | ||||
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Small Business Banks for Small Businesses in Alabama
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Hoover, Alabama Entrepreneur Gets an SBA LoanAlabamaSmall business loans are available to Alabama small business owners through the SBA. In this case, an Alabama bank provides the loan. You can learn something about getting a small business loan in Hoover, Alabama by studying this loan to a local company, made back in 2002. Banks like Wachovia Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: DENTAL EQUIPMENT AND SUPPLIES MANUFACTURING SBA Loan Lender WACHOVIA BANK This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 339114 - Dental Equipment and Supplies Manufacturing Loan Approval Date 11/29/2002 Loan Approval Gross Amount $186,450 Loan Approval from the SBA Of the total $186,450 loan amount, the SBA guaranteed $93,225. 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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $186,450 loan. Remember, where there is a will, there is a way! 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 Banks in Birmingham, Alabama
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