Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

Lake Wales, Florida Bank Loan

 

 
Loan Census SBA Loan Info

Loan to Buy Denny's Restaurant Franchise Issued By Wachovia Sba Lending, Inc.

Need money to invest in a Denny's Restaurant franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.

Denny's Restaurant franchise loans are available to Lake Wales, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wachovia Sba Lending, Inc., based in Roseville, California, issued an SBA franchise loan for a Denny's Restaurant franchise in 2000. We've got all the details on this Florida small business loan.

SBA Loan Borrower

DENNY'S RESTAURANT
LAKE WALES, FL 33853

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

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.

SIC Code

4812 - Radiotelephone Communications

Loan Approval Date

6/30/2000

Loan Approval Gross Amount

$1,485,200

Loan Approval from the SBA

Of the total $1,485,200 loan amount, the SBA guaranteed $749,996.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Denny's Restaurant franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help create 65 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a company in Lake Wales FL, you ought to talk with a local Lake Wales SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lake Wales businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Wachovia Sba Lending, Inc. are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Denny's Inc.

Role of Business Plan When Raising Money

Best Roseville, California Banks for Small Business

California SBA 7A Lenders