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December 18, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Birmingham, Business Loans > Wachovia Bank Birmingham Business Loans > Office Furniture Manufacturing Loan | ||||
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I Need a Business Loan in Lake Worth, Florida
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Office Furniture Manufacturing LoansLooking for loans for office furniture manufacturing? Try the SBA. This $969,700 office furniture manufacturing loan was issued by an Alabama bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lake Worth, Florida was able to borrow $969,700 from Wachovia Bank. The SBA made the loan possible by guaranteeing $727,275 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: OFFICE FURNITURE MANUFACTURING SBA Loan Lender WACHOVIA BANK This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 337214 - Office Furniture Manufacturing Loan Approval Date 3/15/2002 Loan Approval Gross Amount $969,700 Loan Approval from the SBA Of the total $969,700 loan amount, the SBA guaranteed $727,275. 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 20 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. 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: Best Banks in Birmingham, Alabama Where to Get an SBA Loan Alabama
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