Wachovia Sba Lending, Inc. SBA Loan to Caterers Company

An SBA loan from Wachovia Sba Lending, Inc. typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Naples, Florida business owner got a $260,900 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Naples, Florida was able to borrow $260,900 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $195,675 of this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: CATERERS
NAPLES, FL 34114

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

This lender provides SBA 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

722320 - Caterers

Loan Approval Date

5/19/2004

Loan Approval Gross Amount

$260,900

Loan Approval from the SBA

Of the total $260,900 loan amount, the SBA guaranteed $195,675.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your Business

If you need business start up money in Naples FL, you ought to talk with a local Naples SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Naples businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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