Business Loan from Wachovia Sba Lending, Inc. Given to Beauty Salons Company
Wachovia Sba Lending, Inc. has a track record as a leading provider of SBA loans. Find out how this Virginia entrepreneur received an SBA loan from them.
This small firm knew how to go about getting a business bank loan. Based in Richmond, Virginia, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Wachovia Sba Lending, Inc., based in Roseville, California.
SBA Loan Borrower
COMPANY TYPE: BEAUTY SALONS
RICHMOND, VA 23226
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812112 - Beauty Salons
Loan Approval Date
7/11/2006
Loan Approval Gross Amount
$1,246,600
Loan Approval from the SBA
Of the total $1,246,600 loan amount, the SBA guaranteed $934,950.
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 29 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 29 existing jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,246,600 loan. Remember, anyone can do it... so why not you?
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:
Strategic Investors
SBA Banks in Roseville, California
SBA Lenders in California