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April 25, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Exxon Loan | ||||
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Palm City, Florida Bank Loan
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Wachovia Sba Lending, Inc. Provides SBA Loan to Buy Exxon FranchiseNeed a loan to buy an Exxon franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA. If you live near Palm City, Florida and are interested in buying an Exxon franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Wachovia Sba Lending, Inc.. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower EXXON SBA Loan Lender WACHOVIA SBA LENDING, INC. 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 445120 - Convenience Stores Loan Approval Date 7/5/2002 Loan Approval Gross Amount $1,227,600 Loan Approval from the SBA Of the total $1,227,600 loan amount, the SBA guaranteed $920,700. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy an Exxon franchise. At the time of the loan, the company had 18 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 13 existing jobs. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. 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 $1,227,600 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: SBA 7A Banks for Roseville, California Loans
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