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July 18, 2019  
 
 
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Where to Get a Business Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Loan to Buy 1-800 Flowers Franchise Issued By Wachovia Sba Lending, Inc.

Need a loan to invest in a 1-800 Flowers franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.

1-800 Flowers franchise loans are available to Jacksonville, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wachovia Sba Lending, Inc., based in Roseville, California, issued an SBA franchise loan for a 1-800 Flowers franchise in 2007. We've got all the details on this Florida small business loan.

SBA Loan Borrower

1 800-FLOWERS
JACKSONVILLE, FL 32256

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

453110 - Florists

Loan Approval Date

3/29/2007

Loan Approval Gross Amount

$253,000

Loan Approval from the SBA

Of the total $253,000 loan amount, the SBA guaranteed $189,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a 1-800 Flowers franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help create 9 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Wachovia Sba Lending, Inc. and they will explain how you can get an SBA loan for your company.

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:

1-800-FLOWERS

Obtaining Funding - How to Decide How Much to Raise

Who Lends Money to Small Businesses in Roseville, California

California SBA 7A Lenders