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April 28, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Professional Organizations Loan | ||||
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SBA Lender American Fork, Utah
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SBA Loan from Wachovia Sba Lending, Inc. Helps Professional Organizations CompanyAn SBA loan from Wachovia Sba Lending, Inc. typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an American Fork, Utah business owner got a $1,187,300 loan. Getting a small business loan in American Fork, Utah was an essential business goal for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Sba Lending, Inc., operating out of Roseville, California. Here are the details on this Utah small business loan. SBA Loan Borrower COMPANY TYPE: PROFESSIONAL ORGANIZATIONS SBA Loan Lender WACHOVIA SBA LENDING, INC. 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 813920 - Professional Organizations Loan Approval Date 12/7/2007 Loan Approval Gross Amount $1,187,300 Loan Approval from the SBA Of the total $1,187,300 loan amount, the SBA guaranteed $890,475. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help retain 9 existing jobs. Getting an SBA Loan For Your Business If you are raising money in American Fork UT, you ought to talk with a local American Fork SBA lender or talk with an out-of-area SBA lender that has previously loaned money to American Fork businesses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Wachovia Sba Lending, Inc. had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Wachovia Sba Lending, Inc. made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: The Friends and Family Network Best Banks in Roseville, California
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