Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

California SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Roseville, California Lender Lends Money to Aircraft Parts And Auxiliary Equipment Manufacturing Company

Thinking about meeting with a Roseville, California bank about a business loan? Here's one Virginia business loan, issued by a Roseville bank, that was approved by the SBA.

Applying for an SBA loan with Wachovia Sba Lending, Inc. worked out well for our friends at one local company in Richmond, Virginia. They received an SBA loan for $715,200. Nice!

SBA Loan Borrower

COMPANY TYPE: AIRCRAFT PARTS AND AUXILIARY EQUIPMENT MANUFACTURING
RICHMOND, VA 23231

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

336413 - Aircraft Parts and Auxiliary Equipment Manufacturing

Loan Approval Date

12/30/2004

Loan Approval Gross Amount

$715,200

Loan Approval from the SBA

Of the total $715,200 loan amount, the SBA guaranteed $536,400.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $715,200 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

The Art of Bootstrapping

Best Banks for Small Business in Roseville, California

Getting a Business Loan in California