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November 14, 2024  
 
 
  Business Loan Information  
 

We Needed a Business Loan in Lake Worth, Florida and We Got One!

 

 
Loan Census SBA Loan Info

Business Loans for Tire and Tube Merchant Wholesalers

Looking for business loans for tire and tube merchant wholesalers? The SBA may be the answer. This $1,445,000 tire and tube merchant wholesalers loan was issued by a California bank.

This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Wachovia Sba Lending, Inc., out of Roseville, California. The loan was granted and they received $1,445,000 to help grow their Lake Worth, Florida business.

SBA Loan Borrower

COMPANY TYPE: TIRE AND TUBE MERCHANT WHOLESALERS
LAKE WORTH, FL 33461

SBA Loan Lender

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

This lender provides SBA 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

423130 - Tire and Tube Merchant Wholesalers

Loan Approval Date

4/11/2007

Loan Approval Gross Amount

$1,445,000

Loan Approval from the SBA

Of the total $1,445,000 loan amount, the SBA guaranteed $1,083,750.

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 9 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

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

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

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