Loan Census Banking News and Information
April 28, 2024  
 
 
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Business Loans for Sarasota Business Owners

 

 
Loan Census SBA Loan Info

Florida Entrepreneur Secures Financing to Buy Assist 2 Sell Discount Realty Franchise

Need a loan to buy an Assist 2 Sell Discount Realty franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.

If you live near Sarasota, Florida and are interested in buying an Assist 2 Sell Discount Realty franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Wachovia Sba Lending, Inc.. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

SELLER'S & BUYER'S CHOICE REAL
SARASOTA, FL 34231

SBA Loan Lender

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

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

3/3/2006

Loan Approval Gross Amount

$409,200

Loan Approval from the SBA

Of the total $409,200 loan amount, the SBA guaranteed $306,900.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Assist 2 Sell Discount Realty franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help generate 1 new job and retain 5 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Assist-2-Sell

Debt Financing

SBA Banks in Roseville, California

California SBA 7A Lenders