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April 30, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Real Estate Agents And Brokers Loan | ||||
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What Does It Take to Get a Business Loan in Whittier, California?
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Bank Loans for Real Estate Agents and BrokersWith these bank loans for real estate agents and brokers, the SBA guarantees the lender that the loan will be repaid. This real estate agents and brokers loan for $765,000 was given to a California entrepreneur in 2003. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Whittier, California was able to borrow $765,000 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $573,750 of this California small business loan. SBA Loan Borrower COMPANY TYPE: REAL ESTATE AGENTS AND BROKERS 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 531210 - Real Estate Agents and Brokers Loan Approval Date 6/5/2003 Loan Approval Gross Amount $765,000 Loan Approval from the SBA Of the total $765,000 loan amount, the SBA guaranteed $573,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 70 employees. The loan application indicated that the loan would help generate 13 new jobs and retain 57 existing jobs. Getting an SBA Loan For Your Business If you are wondering how to raise money for a business in Whittier CA, you ought to talk with a local Whittier SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Whittier businesses. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Banking Deregulation's Effects on Entrepreneurship SBA 7A Lenders in Roseville, California
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