Birmingham, Alabama Bank Lends Money to Business Support Services Company in Woodstock, Georgia
Get SBA loans from a Birmingham, Alabama bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Wachovia Bank is a Birmingham, Alabama small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Georgia company.
SBA Loan Borrower
COMPANY TYPE: BUSINESS SUPPORT SERVICES
WOODSTOCK, GA 30189
SBA Loan Lender
WACHOVIA BANK
420 N 20TH ST
BIRMINGHAM, AL 35203
At the time this loan was granted, the lender participated in the SBA's Certified Lenders Program (CLP). This program was created to provide rapid service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561499 - Business Support Services
Loan Approval Date
4/24/2003
Loan Approval Gross Amount
$555,000
Loan Approval from the SBA
Of the total $555,000 loan amount, the SBA guaranteed $416,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 3 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.
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SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We can help you find the best banks for small businesses in Woodstock or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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