Merrimack, New Hampshire Business Gets SBA-Guaranteed Funding from Wachovia Sba Lending, Inc.
Wachovia Sba Lending, Inc. has a track record as a leading provider of SBA loans. Find out how this New Hampshire entrepreneur received an SBA loan from them.
This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Wachovia Sba Lending, Inc., out of Roseville, California. The loan was granted and they received $202,000 to help grow their Merrimack, New Hampshire business.
SBA Loan Borrower
COMPANY TYPE: AUTOMOTIVE GLASS REPLACEMENT SHOPS
MERRIMACK, NH 03054
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
811122 - Automotive Glass Replacement Shops
Loan Approval Date
8/5/2003
Loan Approval Gross Amount
$202,000
Loan Approval from the SBA
Of the total $202,000 loan amount, the SBA guaranteed $151,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We can help you find the best banks for small businesses in Merrimack 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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