Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

What Does It Take to Get a Business Loan in Visalia, California?

 

 
Loan Census SBA Loan Info

Loans for Engineering Services

Looking for loans for engineering services? Talk to a banker who works with the SBA. This $332,900 engineering services loan was issued by a California bank.

Getting a small business loan in Visalia, California was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Sba Lending, Inc., operating out of Roseville, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: ENGINEERING SERVICES
VISALIA, CA 93292

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

541330 - Engineering Services

Loan Approval Date

8/30/2001

Loan Approval Gross Amount

$332,900

Loan Approval from the SBA

Of the total $332,900 loan amount, the SBA guaranteed $249,675.

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 13 employees. The loan application indicated that the loan would help generate 1 new job and retain 13 existing jobs.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Visalia CA, you ought to talk with a local Visalia SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Visalia businesses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Wachovia Sba Lending, Inc. and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

VC Firms on Twitter

Small Bank Loans in Roseville, California

SBA Lenders in California