Loan Census Banking News and Information
April 28, 2024  
 
 
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We Needed a Commercial Loan in Las Cruces, New Mexico and We Got One!

 

 
Loan Census SBA Loan Info

Where to Get Capital for Recreational Vehicle Dealers

Looking for small business loans for recreational vehicle dealers? Talk to a banker who works with the SBA. This $150,900 recreational vehicle dealers loan was issued by a California bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Wachovia Sba Lending, Inc., out of Roseville, California. The loan was granted and they received $150,900 to help grow their Las Cruces, New Mexico business.

SBA Loan Borrower

COMPANY TYPE: RECREATIONAL VEHICLE DEALERS
LAS CRUCES, NM 88005

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

441210 - Recreational Vehicle Dealers

Loan Approval Date

3/6/2007

Loan Approval Gross Amount

$150,900

Loan Approval from the SBA

Of the total $150,900 loan amount, the SBA guaranteed $113,175.

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. This SBA loan request indicated that the loan would help retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 $150,900 loan. Remember, things become real when you believe you can achieve them!

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:

Role of Business Plan When Raising Money

SBA 7A Banks for Roseville, California Loans

Where to Get an SBA Loan California