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December 22, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Lakeland, Business Loans > Wachovia Bank Lakeland Business Loans > Commercial Printing Loan | ||||
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Lakeland Bank Loan
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Lakeland, Florida Lender Lends Money to Commercial Printing CompanyWant to talk with a Lakeland, Florida bank about a business loan? Here's one Florida business loan, issued by a Lakeland bank, that was approved by the SBA. Applying for an SBA loan with Wachovia Bank worked out well for our friends at one local firm in Lakeland, Florida. They got an SBA loan for $52,200. Great job! SBA Loan Borrower COMPANY TYPE: COMMERCIAL PRINTING SBA Loan Lender WACHOVIA BANK This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2759 - Commercial Printing NAICS Code 323114 - Quick Printing Loan Approval Date 6/14/2001 Loan Approval Gross Amount $52,200 Loan Approval from the SBA Of the total $52,200 loan amount, the SBA guaranteed $44,370. 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 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great way to raise money SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Wachovia Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Obtaining Funding From a Venture Capitalist Getting an SBA Loan in Florida
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