Entrepreneur Works With Roseville, California Bank to Get an SBA Loan
Get business loans from a Roseville, California bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Wachovia Sba Lending, Inc. is a Roseville, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Tennessee company.
SBA Loan Borrower
COMPANY TYPE: FLOOR COVERING STORES
NASHVILLE, TN 37203
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
At the time this loan was granted, the lender was part of the SBA's Certified Lenders Program (CLP). This program aims to provide speedy service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5713 - Floor Covering Stores
NAICS Code
442210 - Floor Covering Stores
Loan Approval Date
1/26/2001
Loan Approval Gross Amount
$867,000
Loan Approval from the SBA
Of the total $867,000 loan amount, the SBA guaranteed $650,250.
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 19 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding 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've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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