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April 25, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Grease Monkey Loan | ||||
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Tips for Getting a Franchise Loan
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Wachovia Sba Lending, Inc. Provides SBA Loan to Buy Grease Monkey FranchiseBorrowing money to purchase a Grease Monkey franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Pocatello, Idaho needed money to invest in a Grease Monkey franchise back in 2001. Wachovia Sba Lending, Inc. issued an SBA franchise loan. Here are the details on this Idaho small business loan. SBA Loan Borrower GREASE MONKEY 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 811191 - Automotive Oil Change and Lubrication Shops Loan Approval Date 1/4/2001 Loan Approval Gross Amount $1,083,000 Loan Approval from the SBA Of the total $1,083,000 loan amount, the SBA guaranteed $749,999. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Grease Monkey franchise. At the time of the loan, the company had 28 employees. The loan application indicated that the loan would help retain 28 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Wachovia Sba Lending, Inc. so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Obtaining Funding - Getting Venture Capital SBA 7A Banks in Roseville, California Where to Get an SBA Loan California
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