Roseville, California Bank Lends Money to Commercial Printing Company in Milpitas, California
Thinking about meeting with a Roseville, California bank about a business loan? Here's one California business loan, issued by a Roseville bank, that was approved by the SBA.
Applying for an SBA loan with Wachovia Sba Lending, Inc. worked out well for our friends at one local company in Milpitas, California. They got an SBA loan for $380,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
MILPITAS, CA 95035
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323119 - Commercial Printing
Loan Approval Date
4/17/2001
Loan Approval Gross Amount
$380,000
Loan Approval from the SBA
Of the total $380,000 loan amount, the SBA guaranteed $285,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Wachovia Sba Lending, Inc. and they will explain how you can get an SBA loan for your company.
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:
Role of Business Plan When Raising Money
Where to Get an SBA Loan in Roseville, California
California SBA Banks