California Business Loan Issued to Drywall, Plastering, Acoustical, And Insulation Contractors Company
CaliforniaBusiness loans are available to California business owners through the SBA. In this case, a California bank provides the loan.
Getting a small business loan in Santa Ana, California was a top priority for this SBA-financed company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Sba Lending, Inc.. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: DRYWALL, PLASTERING, ACOUSTICAL, AND INSULATION CONTRACTORS
SANTA ANA, CA 92707
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
235420 - Drywall, Plastering, Acoustical, and Insulation Contractors
Loan Approval Date
9/25/2002
Loan Approval Gross Amount
$652,500
Loan Approval from the SBA
Of the total $652,500 loan amount, the SBA guaranteed $489,375.
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 64 employees. This SBA loan request indicated that the loan would help generate 26 new jobs and retain 64 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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