Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

Raising Money in Pfafftown, North Carolina With SBA Loans

 

 
Loan Census SBA Loan Info

Physicians Small Business Loans

With these small business loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $313,700 was given to a North Carolina entrepreneur in 2005.

This company knew how to go about getting a business bank loan. Based in Pfafftown, North Carolina, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Wachovia Sba Lending, Inc., based in Roseville, California.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
PFAFFTOWN, NC 27040

SBA Loan Lender

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

This lender provides SBA commercial 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

621111 - Physicians

Loan Approval Date

3/28/2005

Loan Approval Gross Amount

$313,700

Loan Approval from the SBA

Of the total $313,700 loan amount, the SBA guaranteed $235,275.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the borrowed money would help generate 5 new jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Investor Turnoffs

SBA 7A Banks in Roseville, California

California SBA 7A Lenders