Seattle, Washington Business Gets SBA-Guaranteed Funding from Wachovia Sba Lending, Inc.
Wachovia Sba Lending, Inc. has a track record as a leading provider of SBA loans. Find out how this Washington entrepreneur received an SBA loan from them.
This business knew how to go about getting a business bank loan. Based in Seattle, Washington, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Wachovia Sba Lending, Inc., based in Roseville, California.
SBA Loan Borrower
COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING
SEATTLE, WA 98107
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.
SIC Code
1711 - Plumbing, Heating, and Air-Conditioning
NAICS Code
235110 - Plumbing, Heating, and Air Conditioning Contractors
Loan Approval Date
4/21/2000
Loan Approval Gross Amount
$641,000
Loan Approval from the SBA
Of the total $641,000 loan amount, the SBA guaranteed $480,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 19 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 19 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
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 $641,000 loan. Remember, if it to be, it is up to me!
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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