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December 22, 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 > Hot Cakes Restaurant Group Inc Loan | ||||
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Raising Money in Tracy, California With SBA Loans
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Loan to Buy Denny's Restaurant Franchise Issued By Wachovia Sba Lending, Inc.Need money to invest in a Denny's Restaurant franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Tracy, California needed money to invest in a Denny's Restaurant franchise back in 2007. Wachovia Sba Lending, Inc. issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower HOT CAKES RESTAURANT GROUP INC SBA Loan Lender WACHOVIA SBA LENDING, INC. 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 722110 - Full-Service Restaurants Loan Approval Date 11/16/2007 Loan Approval Gross Amount $1,164,000 Loan Approval from the SBA Of the total $1,164,000 loan amount, the SBA guaranteed $873,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Denny's Restaurant franchise. At the time of the loan, the company had 100 employees. This SBA loan request indicated that the loan would help retain 100 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. 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 Approved Banks in Roseville, California Where to Get an SBA Loan California
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