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May 2, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Water Well Drilling Contractors Loan | ||||
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Getting an SBA Loan from Wachovia Sba Lending, Inc.
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Business Loan from Wachovia Sba Lending, Inc. Given to Water Well Drilling Contractors CompanyAn SBA loan from Wachovia Sba Lending, Inc. typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Pierceton, Indiana business owner got a $846,000 loan. Getting a small business loan in Pierceton, Indiana was an essential business goal for this firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Sba Lending, Inc., operating out of Roseville, California. Here are the details on this Indiana small business loan. SBA Loan Borrower COMPANY TYPE: WATER WELL DRILLING CONTRACTORS SBA Loan Lender WACHOVIA SBA LENDING, INC. This lender provides SBA guaranteed 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 235810 - Water Well Drilling Contractors Loan Approval Date 11/30/2001 Loan Approval Gross Amount $846,000 Loan Approval from the SBA Of the total $846,000 loan amount, the SBA guaranteed $634,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 12 employees. This SBA loan request indicated that the loan would help retain 12 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. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Small Bank Loans in Roseville, California
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