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April 27, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Birmingham, Business Loans > Wachovia Bank Birmingham Business Loans > Food Supplement Stores Loan | ||||
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We Needed a Commercial Loan in Memphis, Tennessee and We Got One!
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Food Supplement Stores LoansLooking for loans for food supplement stores? An SBA loan may be just what you've been looking for. This $208,000 food supplement stores loan was issued by an Alabama bank. This company knew how to go about getting a business bank loan. Based in Memphis, Tennessee, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Wachovia Bank, based in Birmingham, Alabama. SBA Loan Borrower COMPANY TYPE: FOOD SUPPLEMENT STORES SBA Loan Lender WACHOVIA BANK 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 446191 - Food Supplement Stores Loan Approval Date 8/8/2001 Loan Approval Gross Amount $208,000 Loan Approval from the SBA Of the total $208,000 loan amount, the SBA guaranteed $156,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 23 new jobs and retain 23 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 SBA 7A Banks for Birmingham, Alabama Loans
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