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April 29, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Vasan Inc Loan | ||||
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Where to Get a Small Business Loan to Purchase a Franchise
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Texas Entrepreneur Secures Financing to Buy Chevron gas Station FranchiseBorrowing money to invest in a Chevron gas Station franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Chevron gas Station franchise may simply require a phone call to a local SBA banker. In 2004, Wachovia Sba Lending, Inc. issued an SBA franchise loan to an entrepreneur in Boerne, Texas. Because Chevron gas Station was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis. SBA Loan Borrower VASAN INC SBA Loan Lender WACHOVIA SBA LENDING, INC. This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 4/7/2004 Loan Approval Gross Amount $731,000 Loan Approval from the SBA Of the total $731,000 loan amount, the SBA guaranteed $548,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Chevron gas Station franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours 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: Role of Business Plan When Raising Money Small Business Banks in Roseville, California
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