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April 26, 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 > Industrial Machinery Manufacturing Loan | ||||
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Houston, Texas Bank Loan
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Local Business Gets a Texas Bank LoanSearching for a Texas business loan? This Texas entrepreneur got a business loan, provided by a California bank that works with the SBA to help small business owners. Getting a small business loan in Houston, Texas was a top priority for this SBA-financed company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Sba Lending, Inc.. Here are the details on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: INDUSTRIAL MACHINERY MANUFACTURING SBA Loan Lender WACHOVIA SBA LENDING, INC. This lender provides SBA small business loans 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 333298 - Industrial Machinery Manufacturing Loan Approval Date 6/27/2001 Loan Approval Gross Amount $803,000 Loan Approval from the SBA Of the total $803,000 loan amount, the SBA guaranteed $602,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 14 employees. The SBA loan application for the borrower indicated that the loan would help retain 14 existing jobs. Start the Process for Getting an SBA Loan Today! If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $803,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Family and Friend Investors - Your First Financiers SBA Banks in Roseville, California
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