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April 28, 2024  
 
 
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How to Get SBA Loans in Chesapeake, Virginia

 

 
Loan Census SBA Loan Info

Where to Get Capital for Roofing Contractors

Looking for small business loans for roofing contractors? Try the SBA. This $358,000 roofing contractors loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Chesapeake, Virginia was able to borrow $358,000 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $268,500 of this Virginia small business loan.

SBA Loan Borrower

COMPANY TYPE: ROOFING CONTRACTORS
CHESAPEAKE, VA 23320

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

238160 - Roofing Contractors

Loan Approval Date

11/23/2004

Loan Approval Gross Amount

$358,000

Loan Approval from the SBA

Of the total $358,000 loan amount, the SBA guaranteed $268,500.

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 10 employees. The loan application indicated that the loan would help retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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