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January 24, 2025 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Tires And Tubes Loan | ||||
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California Bank SBA Loans
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Roseville, California Lender Lends Money to Tires And Tubes CompanyThinking about meeting with a Roseville, California bank about a small business loan? Here's one Arizona business loan, issued by a Roseville bank, that was approved by the SBA. Applying for an SBA loan with Wachovia Sba Lending, Inc. worked out well for our friends at one local firm in Tucson, Arizona. The business was able to get an SBA loan for $831,000. Way to go! SBA Loan Borrower COMPANY TYPE: TIRES AND TUBES SBA Loan Lender WACHOVIA SBA LENDING, INC. The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5014 - Tires and Tubes NAICS Code 441320 - Tire Dealers Loan Approval Date 7/17/2002 Loan Approval Gross Amount $831,000 Loan Approval from the SBA Of the total $831,000 loan amount, the SBA guaranteed $623,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 11 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. 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: Good Banks for Small Business in Roseville, California
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