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April 30, 2024  
 
 
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Loan Census SBA Loan Info

Business Loans for Testing Laboratories

Looking for business loans for testing laboratories? An SBA loan may be just what you've been looking for. This $957,900 testing laboratories loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Sebring, Florida was able to borrow $957,900 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $718,425 of this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: TESTING LABORATORIES
SEBRING, FL 33876

SBA Loan Lender

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

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA small business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541380 - Testing Laboratories

Loan Approval Date

8/30/2006

Loan Approval Gross Amount

$957,900

Loan Approval from the SBA

Of the total $957,900 loan amount, the SBA guaranteed $718,425.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 18 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source

We've showcased information on this loan to let you know that businesses like yours 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:

How to Raise Money

SBA 7A Banks for Roseville, California Loans

SBA California Lenders