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May 1, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Natural Gas Distribution Loan | ||||
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Requirements for Small Businesses On Getting a Loan
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Financing for Natural Gas DistributionLooking for loans for natural gas distribution? An SBA loan may be just what you've been looking for. This $727,700 natural gas distribution loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Stryker, Ohio was able to borrow $727,700 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $443,897 of this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: NATURAL GAS DISTRIBUTION SBA Loan Lender WACHOVIA SBA LENDING, INC. This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4924 - Natural Gas Distribution NAICS Code 221210 - Natural Gas Distribution Loan Approval Date 4/19/2000 Loan Approval Gross Amount $727,700 Loan Approval from the SBA Of the total $727,700 loan amount, the SBA guaranteed $443,897. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: SBA 7A Banks for Roseville, California Loans Where to Get an SBA Loan California
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