Virginia Business Loan Issued to Landscaping Services Company
Searching for a Virginia SBA loan? This Virginia entrepreneur got an SBA loan, provided by a North Carolina bank that works with the SBA to help small business owners.
Getting a small business loan in Virginia Beach, Virginia was a top priority for this particular business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Bank. Here are the details on this Virginia small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
Virginia Beach, VA 23452
SBA Loan Lender
WACHOVIA BANK
301 S COLLEGE ST MAIN LOBBY
CHARLOTTE, NC 28202
This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
10/10/2007
Loan Approval Gross Amount
$124,800
Loan Approval from the SBA
Of the total $124,800 loan amount, the SBA guaranteed $62,400.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.
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Every year, the SBA guarantees over $10 billion for loans just like this one.
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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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