Fish and Seafood Wholesalers SBA Loans
Looking for SBA loans for fish and seafood wholesalers? Try the SBA. This $175,000 fish and seafood wholesalers loan was issued by a Florida bank.
Getting a small business loan in West Palm Beach, Florida was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Bank, operating out of West Palm Beach, Florida. Here are the details on this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: FISH AND SEAFOODS
WEST PALM BEACH, FL 33409
SBA Loan Lender
WACHOVIA BANK
450 AUSTRALIAN AVE
WEST PALM BEACH, FL 33401
This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5146 - Fish and Seafoods
NAICS Code
422460 - Fish and Seafood Wholesalers
Loan Approval Date
4/13/2000
Loan Approval Gross Amount
$175,000
Loan Approval from the SBA
Of the total $175,000 loan amount, the SBA guaranteed $131,250.
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 7 employees. The loan application did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Wachovia Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Wachovia Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Financing Your Business
SBA Participating Banks in West Palm Beach, Florida
Florida SBA Banks