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December 23, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Book Stores Loan | ||||
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California SBA Loans from Wachovia Sba Lending, Inc.
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Business Loan from Wachovia Sba Lending, Inc. Given to Book Stores CompanyWachovia Sba Lending, Inc. and the SBA work together to get business loans for growing small businesses. Here's an example of how a California entrepreneur was able to get a loan to take a small business to the next level. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Diego, California was able to borrow $825,000 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $618,750 of this California small business loan. SBA Loan Borrower COMPANY TYPE: BOOK STORES SBA Loan Lender WACHOVIA SBA LENDING, INC. 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 451211 - Book Stores Loan Approval Date 11/21/2003 Loan Approval Gross Amount $825,000 Loan Approval from the SBA Of the total $825,000 loan amount, the SBA guaranteed $618,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 22 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 22 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in San Diego 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. Related Links: SBA 7A Banks in Roseville, California
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