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March 28, 2024  
 
 
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Raising Money in Peabody, Massachusetts With SBA Loans

 

 
Loan Census SBA Loan Info

Massachusetts Entrepreneur Secures Financing to Buy Four Seasons Sunrooms Franchise

Need a loan to buy a Four Seasons Sunrooms franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Peabody, Massachusetts needed money to invest in a Four Seasons Sunrooms franchise back in 2003. Wachovia Sba Lending, Inc. issued an SBA franchise loan. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower

FOUR SEASONS SUNROOMS
PEABODY, MA 01960

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.

NAICS Code

444190 - Building Material Dealers

Loan Approval Date

10/24/2003

Loan Approval Gross Amount

$310,000

Loan Approval from the SBA

Of the total $310,000 loan amount, the SBA guaranteed $232,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Four Seasons Sunrooms franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 $310,000 loan. Remember, anyone can do it... so why not 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:

Four Seasons Sunrooms

Business Credit Evaluation

SBA Approved Banks in Roseville, California

California SBA 7A Banks