Marietta, GA Entrepreneur Gets SBA Loan to Buy Wicks 'N' Sticks Franchise

Need money to invest in a Wicks 'N' Sticks franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.

Wicks 'N' Sticks franchise loans are available to Marietta, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wachovia Sba Lending, Inc., based in Roseville, California, issued an SBA franchise loan for a Wicks 'N' Sticks franchise in 2003. We've got all the details on this Georgia small business loan.

SBA Loan Borrower

WICKS 'N' STICKS
MARIETTA, GA 30062

SBA Loan Lender

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

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

452990 - General Merchandise Stores

Loan Approval Date

7/17/2003

Loan Approval Gross Amount

$266,500

Loan Approval from the SBA

Of the total $266,500 loan amount, the SBA guaranteed $199,875.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Wicks 'N' Sticks franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Wachovia Sba Lending, Inc. so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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