Getting an SBA Loan for Accounting Services
With these SBA loans for accounting services, the SBA guarantees the lender that the loan will be repaid. This accounting services loan for $395,500 was given to a Florida entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Palm Harbor, Florida was able to borrow $395,500 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $296,625 of this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: ACCOUNTING SERVICES
PALM HARBOR, FL 34683
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541219 - Accounting Services
Loan Approval Date
9/21/2005
Loan Approval Gross Amount
$395,500
Loan Approval from the SBA
Of the total $395,500 loan amount, the SBA guaranteed $296,625.
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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.
Getting an SBA Loan For Your Business
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Wachovia Sba Lending, Inc. had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Wachovia Sba Lending, Inc. made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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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