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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