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April 26, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > Winston Salem, Business Loans > Wachovia Bank Winston Salem Business Loans > Signs Now LLC Loan | ||||
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Raising Money in Rock Hill, South Carolina With SBA Loans
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Loan to Buy Signs Now Franchise Issued By Wachovia BankBorrowing money to purchase a Signs Now franchise? Wachovia Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Rock Hill, South Carolina needed money to invest in a Signs Now franchise back in 2001. Wachovia Bank issued an SBA franchise loan. Here are the details on this South Carolina small business loan. SBA Loan Borrower SIGNS NOW LLC SBA Loan Lender WACHOVIA BANK This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 541430 - Graphic Design Services Loan Approval Date 1/9/2001 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Signs Now franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 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. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Wachovia Bank 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: Microlending as a Small Business Funding Source SBA 7A Banks in Winston Salem, North Carolina
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