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November 14, 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 > Pop-A-Lock Loan | ||||
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How to Get SBA Loans in San Francisco, California
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California Entrepreneur Secures Financing to Buy Pop A Lock FranchiseNeed money to invest in a Pop A Lock franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Pop A Lock franchise requires some effort but others before you have been successful. In 2008, Wachovia Sba Lending, Inc. issued an SBA franchise loan to an entrepreneur in San Francisco, California. Because Pop A Lock was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis. SBA Loan Borrower POP-A-LOCK SBA Loan Lender WACHOVIA SBA LENDING, INC. This lender issued this debt financing under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811198 - Automotive Repair and Maintenance Loan Approval Date 2/1/2008 Loan Approval Gross Amount $739,600 Loan Approval from the SBA Of the total $739,600 loan amount, the SBA guaranteed $554,700. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Pop A Lock franchise. At the time of the loan, the company had 18 employees. The SBA loan application for the borrower indicated that the loan would help retain 18 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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. Related Links: SBA 7A Lenders in Roseville, California Browse All Business Loan Sources for California
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