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November 14, 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 > Schools And Instruction Loan | ||||
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Winston Salem SBA Lenders
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Winston Salem, North Carolina Lender Lends Money to Schools And Instruction CompanyThinking about meeting with a Winston Salem, North Carolina bank about a business loan? Here's one Virginia business loan, issued by a Winston Salem bank, that was approved by the SBA. Applying for an SBA loan with Wachovia Bank worked out well for our friends at one local business in Hopewell, Virginia. The business was able to get an SBA loan for $102,600. Great job! SBA Loan Borrower COMPANY TYPE: SCHOOLS AND INSTRUCTION SBA Loan Lender WACHOVIA BANK This SBA bank 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 611699 - Schools and Instruction Loan Approval Date 10/10/2001 Loan Approval Gross Amount $102,600 Loan Approval from the SBA Of the total $102,600 loan amount, the SBA guaranteed $76,950. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 9 employees. The SBA loan documents indicated that the loan would help generate 9 new jobs and retain 9 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Where to Get an SBA Loan in Winston Salem, North Carolina Getting an SBA Loan in North Carolina
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