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May 2, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Child Day Care Services Loan | ||||
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SBA Lender Roseville, California
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Roseville, California Bank Lends Money to Child Day Care Services Company in Phoenix, ArizonaThinking about meeting with a Roseville, California bank about an SBA loan? Here's one Arizona business loan, issued by a Roseville bank, that was approved by the SBA. Applying for an SBA loan with Wachovia Sba Lending, Inc. worked out well for our friends at one local company in Phoenix, Arizona. They received an SBA loan for $653,800. Awesome! SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender WACHOVIA SBA LENDING, INC. This lender provides SBA bank 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 624410 - Child Day Care Services Loan Approval Date 6/1/2004 Loan Approval Gross Amount $653,800 Loan Approval from the SBA Of the total $653,800 loan amount, the SBA guaranteed $490,350. 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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: The Friends and Family Network Banks in Roseville, California
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