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April 19, 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 > Dermacare Of Frisco Loan | ||||
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Frisco, Texas Bank for SBA Loans
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Wachovia Sba Lending, Inc. Provides SBA Loan to Buy Dermacare FranchiseNeed money to purchase a Dermacare franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Frisco, Texas needed money to invest in a Dermacare franchise back in 2006. Wachovia Sba Lending, Inc. issued an SBA franchise loan. Here are the details on this Texas small business loan. SBA Loan Borrower DERMACARE OF FRISCO SBA Loan Lender WACHOVIA SBA LENDING, INC. This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621111 - Physicians Loan Approval Date 3/22/2006 Loan Approval Gross Amount $406,000 Loan Approval from the SBA Of the total $406,000 loan amount, the SBA guaranteed $304,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Dermacare franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 5 existing jobs. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Wachovia Sba Lending, Inc. are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Who Lends Money to Small Businesses in Roseville, California Getting a Business Loan in California
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