Get an SBA Loan for Plumbing, Heating, and Air Conditioning Contractors
Looking for loans for plumbing, heating, and air conditioning contractors? The SBA may be the answer. This $804,700 plumbing, heating, and air conditioning contractors loan was issued by a North Carolina bank.
This company knew how to go about getting a business bank loan. Based in Linden, New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Wachovia Bank, based in Charlotte, North Carolina.
SBA Loan Borrower
COMPANY TYPE: PLUMBING, HEATING, AND AIR CONDITIONING CONTRACTORS
LINDEN, NJ 07036
SBA Loan Lender
WACHOVIA BANK
301 S COLLEGE ST MAIN LOBBY
CHARLOTTE, NC 28202
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
235110 - Plumbing, Heating, and Air Conditioning Contractors
Loan Approval Date
1/9/2003
Loan Approval Gross Amount
$804,700
Loan Approval from the SBA
Of the total $804,700 loan amount, the SBA guaranteed $603,525.
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 25 employees. The SBA loan documents indicated that the loan would help retain 25 existing jobs.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
How Equity Dilution Works
Find an SBA Lender in Charlotte, North Carolina
North Carolina SBA Bank Lenders