Scottsdale, AZ Entrepreneur Gets SBA Loan to Buy Bellini Juvenile Furniture 7-31 Franchise
Need a loan to buy a Bellini Juvenile Furniture 7-31 franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Scottsdale, Arizona needed money to invest in a Bellini Juvenile Furniture 7-31 franchise back in 2001. Wachovia Sba Lending, Inc. issued an SBA franchise loan. Here are the details on this Arizona small business loan.
SBA Loan Borrower
BELLINI JUVENILLE DESIGNER
SCOTTSDALE, AZ 85260
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
442110 - Furniture Stores
Loan Approval Date
11/8/2001
Loan Approval Gross Amount
$846,000
Loan Approval from the SBA
Of the total $846,000 loan amount, the SBA guaranteed $634,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Bellini Juvenile Furniture 7-31 franchise. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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