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December 7, 2021  
 
 
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Florida Bank SBA Loans

 

 
Loan Census SBA Loan Info

Wachovia Bank SBA Loan to No Industry Type Specified Company

Searching for a Florida SBA loan? Here's one Florida business loan that was approved by the SBA.

This growing firm needed an SBA business loan in Jacksonville, Florida back in 2002 and, after submitting their loan application, they were successful in getting an SBA loan from Wachovia Bank, operating out of Jacksonville, Florida. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
JACKSONVILLE, FL 32244

SBA Loan Lender

WACHOVIA BANK
1301 RIVER PLACE BLVD
JACKSONVILLE, FL 32207

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

421310 -

Loan Approval Date

9/26/2002

Loan Approval Gross Amount

$1,111,111

Loan Approval from the SBA

Of the total $1,111,111 loan amount, the SBA guaranteed $1,000,000.

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 loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Wachovia Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Wachovia Bank 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:

Getting a Small Business Loan

Who Lends Money to Small Businesses in Jacksonville, Florida

SBA Lenders in Florida