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November 21, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Photographic Equipment And Supplies Loan | ||||
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SBA Lenders for Small Business Owners in Utah
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Orem, Utah Entrepreneur Gets a Business LoanLooking to get an Utah business loan? This Utah entrepreneur got a business loan, provided by a California bank that works with the SBA to help small business owners. This small business, based in Orem, Utah, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Wachovia Sba Lending, Inc.. We've got the inside scoop on this Utah small business loan. SBA Loan Borrower COMPANY TYPE: PHOTOGRAPHIC EQUIPMENT AND SUPPLIES SBA Loan Lender WACHOVIA SBA LENDING, INC. SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5043 - Photographic Equipment and Supplies NAICS Code 421410 - Photographic Equipment and Supplies Wholesalers Loan Approval Date 3/26/2002 Loan Approval Gross Amount $517,900 Loan Approval from the SBA Of the total $517,900 loan amount, the SBA guaranteed $388,425. 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 3 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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. Related Links: SBA Participating Banks in Roseville, California SBA Participating Banks in California
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