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April 20, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Stevi B's Pizza Loan | ||||
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Raising Money in Buford, Georgia With SBA Loans
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Georgia Entrepreneur Secures Financing to Buy Stevi B's Pizza FranchiseNeed money to buy a Stevi B's Pizza franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Buford, Georgia needed money to invest in a Stevi B's Pizza franchise back in 2007. Wachovia Sba Lending, Inc. issued an SBA franchise loan. Here are the details on this Georgia small business loan. SBA Loan Borrower STEVI B'S PIZZA SBA Loan Lender WACHOVIA SBA LENDING, INC. 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 722211 - Limited-Service Restaurants Loan Approval Date 2/14/2007 Loan Approval Gross Amount $833,500 Loan Approval from the SBA Of the total $833,500 loan amount, the SBA guaranteed $625,125. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Stevi B's Pizza franchise. At the time of the loan, the company had 31 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 30 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $833,500 loan. Remember, fight for what you want, and it will be yours! 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: Microlending as a Small Business Funding Source Small Bank Loans in Roseville, California
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