Financing for Wood Office Furniture Manufacturing
Looking for commercial loans for wood office furniture manufacturing? Try the SBA. This $423,000 wood office furniture manufacturing loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Longwood, Florida was able to borrow $423,000 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $317,250 of this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: WOOD OFFICE FURNITURE MANUFACTURING
LONGWOOD, FL 32779
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
337211 - Wood Office Furniture Manufacturing
Loan Approval Date
8/8/2001
Loan Approval Gross Amount
$423,000
Loan Approval from the SBA
Of the total $423,000 loan amount, the SBA guaranteed $317,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 16 employees. The SBA loan documents indicated that the loan would help retain 16 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
We can help you find the best banks for small businesses in Longwood or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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