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April 29, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Physicians Loan | ||||
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Roseville Lenders
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Roseville, California Bank Lends Money to Physicians Company in Lithonia, GeorgiaFind Roseville, California banks that specialize in small business loans and know how to work with entrepreneurs. Wachovia Sba Lending, Inc. is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Lithonia, Georgia starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Wachovia Sba Lending, Inc.. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender WACHOVIA SBA LENDING, INC. SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621111 - Physicians Loan Approval Date 9/1/2006 Loan Approval Gross Amount $1,097,000 Loan Approval from the SBA Of the total $1,097,000 loan amount, the SBA guaranteed $822,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. This SBA loan was for $1,097,000. How would you spend $1,097,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Raising VC Money for Social Networking Companies Find an SBA Lender in Roseville, California Where to Get an SBA Loan California
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