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April 25, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > Atlanta, Business Loans > Wachovia Bank Atlanta Business Loans > Fabricated Structural Metal Manufacturing Loan | ||||
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Gadsden, Alabama Bank Loan
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Wachovia Bank Gives Bank Loan to Fabricated Structural Metal Manufacturing CompanyWould an Alabama SBA loan help your business get to the next level? If so, you may want to talk with this Georgia bank, which offers SBA loans to Alabama entrepreneurs. Getting a small business loan in Gadsden, Alabama was a top priority for this particular business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Bank. Here are the details on this Alabama small business loan. SBA Loan Borrower COMPANY TYPE: FABRICATED STRUCTURAL METAL MANUFACTURING SBA Loan Lender WACHOVIA BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 332312 - Fabricated Structural Metal Manufacturing Loan Approval Date 11/2/2001 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $180,000. 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 30 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. We can help you find the best banks for small businesses in Gadsden or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Determining Proper Capital Structure for a Business Small Business Banks in Atlanta, Georgia
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