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November 14, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Computer And Software Stores Loan | ||||
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Sterling (census Name Sterling Business Loans from Wachovia Sba Lending, Inc.
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Wachovia Sba Lending, Inc. SBA Loan to Computer And Software Stores CompanyWachovia Sba Lending, Inc. is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Virginia entrepreneur who tapped into the power of SBA loans. This business knew how to go about getting a business bank loan. Based in Sterling (census Name Sterling, Virginia, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Wachovia Sba Lending, Inc., based in Roseville, California. SBA Loan Borrower COMPANY TYPE: COMPUTER AND SOFTWARE STORES SBA Loan Lender WACHOVIA SBA LENDING, INC. Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 443120 - Computer and Software Stores Loan Approval Date 11/8/2004 Loan Approval Gross Amount $378,000 Loan Approval from the SBA Of the total $378,000 loan amount, the SBA guaranteed $283,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! If you need money to start business in Sterling (census Name Sterling VA, you ought to talk with a local Sterling (census Name Sterling SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sterling (census Name Sterling businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wachovia Sba Lending, Inc. that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Accountant's Role in Securing Financing SBA 7A Lenders in Roseville, California
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