Roseville, California Lender Lends Money to Security Systems Services Company
Thinking about meeting with a Roseville, California bank about a small business loan? Here's one Colorado 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 firm in Minturn, Colorado. The business was able to get an SBA loan for $415,000. Nice!
SBA Loan Borrower
COMPANY TYPE: SECURITY SYSTEMS SERVICES
MINTURN, CO 81645
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
561621 - Security Systems Services
Loan Approval Date
3/30/2006
Loan Approval Gross Amount
$415,000
Loan Approval from the SBA
Of the total $415,000 loan amount, the SBA guaranteed $311,250.
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 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 7 existing jobs.
Next Steps for Getting an SBA Loan
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
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.
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