Loan Census Banking News and Information
December 23, 2024  
 
 
  Business Loan Information  
 

Hyde Park Business Loan from Wachovia Sba Lending, Inc.

 

 
Loan Census SBA Loan Info

Business Loan from Wachovia Sba Lending, Inc. Given to Drycleaning And Laundry Services Company

Wachovia Sba Lending, Inc. has a track record as a leading provider of SBA loans. Find out how this Massachusetts entrepreneur received an SBA loan from them.

Getting a small business loan in Hyde Park, Massachusetts was an essential business goal for this firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Sba Lending, Inc., operating out of Roseville, California. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES
HYDE PARK, MA 02136

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812320 - Drycleaning and Laundry Services

Loan Approval Date

9/21/2004

Loan Approval Gross Amount

$582,900

Loan Approval from the SBA

Of the total $582,900 loan amount, the SBA guaranteed $437,175.

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 15 employees. This SBA loan request did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Hyde Park MA, you ought to talk with a local Hyde Park SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hyde Park businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Wachovia Sba Lending, Inc. are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Investor Turnoffs

Best Banks for Small Business in Roseville, California

Getting an SBA Loan in California