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March 28, 2024  
 
 
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Birmingham, Alabama Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Birmingham, Alabama Entrepreneur Gets an SBA Loan

Small business loans in Alabama are hard to find these days. We take a look at one Alabama small business loan, provided by a California bank, that was approved by the SBA.

Getting a small business loan in Birmingham, Alabama was a top priority for this small company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Sba Lending, Inc.. Here are the details on this Alabama small business loan.

SBA Loan Borrower

COMPANY TYPE: LAWYERS
BIRMINGHAM, AL 35203

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

541110 - Lawyers

Loan Approval Date

9/7/2007

Loan Approval Gross Amount

$848,900

Loan Approval from the SBA

Of the total $848,900 loan amount, the SBA guaranteed $636,675.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 15 employees. The SBA loan documents indicated that the loan would help retain 15 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Wachovia Sba Lending, Inc. and they will explain how you can get an SBA loan for your company.

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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