Roseville, California Bank Lends Money to Schools And Instruction Company in Pompano Beach, Florida
Get to know Roseville, California banks that specialize in small business loans and know how to work with entrepreneurs. Wachovia Sba Lending, Inc. is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Pompano Beach, Florida starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Wachovia Sba Lending, Inc.. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: SCHOOLS AND INSTRUCTION
POMPANO BEACH, FL 33060
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
This lender provides SBA 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
611699 - Schools and Instruction
Loan Approval Date
3/9/2001
Loan Approval Gross Amount
$1,680,000
Loan Approval from the SBA
Of the total $1,680,000 loan amount, the SBA guaranteed $999,986.
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 34 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 34 existing jobs.
Getting an SBA Loan For Your Business
Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
We can help you find the best banks for small businesses in Pompano Beach or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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