Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Hollywood, Florida Bank Loan

 

 
Loan Census SBA Loan Info

Marketing Consulting Services Small Business Loans

Looking for small business loans for marketing consulting services? The SBA may be the answer. This $977,000 marketing consulting services loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hollywood, Florida was able to borrow $977,000 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $732,750 of this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: MARKETING CONSULTING SERVICES
HOLLYWOOD, FL 33020

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

541613 - Marketing Consulting Services

Loan Approval Date

9/23/2005

Loan Approval Gross Amount

$977,000

Loan Approval from the SBA

Of the total $977,000 loan amount, the SBA guaranteed $732,750.

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 14 employees. The SBA loan documents indicated that the loan would help retain 14 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $977,000 loan. Remember, you control your own destiny.

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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