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April 28, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Sports And Recreation Instruction Loan | ||||
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Lake Forest, California Bank for SBA Loans
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Get an SBA Loan for Sports and Recreation InstructionLooking for loans for sports and recreation instruction? Talk to a banker who works with the SBA. This $885,000 sports and recreation instruction loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lake Forest, California was able to borrow $885,000 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $663,750 of this California small business loan. SBA Loan Borrower COMPANY TYPE: SPORTS AND RECREATION INSTRUCTION SBA Loan Lender WACHOVIA SBA LENDING, INC. This lender provides SBA small 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 611620 - Sports and Recreation Instruction Loan Approval Date 7/5/2006 Loan Approval Gross Amount $885,000 Loan Approval from the SBA Of the total $885,000 loan amount, the SBA guaranteed $663,750. 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 14 employees. The loan application indicated that the loan would help generate 7 new jobs and retain 7 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. 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 $885,000 loan. Remember, feel the fear, and do it anyway. 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: Accountant's Role in Securing Financing Best Roseville, California Banks for Small Business
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