Wachovia Sba Lending, Inc. Provides SBA Loan to Buy Pearle Vision Center Franchise

Need a loan to buy a Pearle Vision Center franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Pearle Vision Center franchise requires some effort but others before you have been successful. In 2007, Wachovia Sba Lending, Inc. issued an SBA franchise loan to an entrepreneur in Pembroke Pines, Florida. Because Pearle Vision Center was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

PEARL VISION
PEMBROKE PINES, FL 33026

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

621320 - Optometrists

Loan Approval Date

6/8/2007

Loan Approval Gross Amount

$544,000

Loan Approval from the SBA

Of the total $544,000 loan amount, the SBA guaranteed $408,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Pearle Vision Center franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 7 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Pembroke Pines FL, you ought to talk with a local Pembroke Pines SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pembroke Pines businesses.

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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