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December 20, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Acworth, Business Loans > Northwest Bank & Trust Acworth Business Loans > Child Day Care Services Loan | ||||
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Northwest Bank & Trust
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Business Loan from Northwest Bank & Trust Given to Child Day Care Services CompanyNorthwest Bank & Trust has a track record as a leading provider of SBA loans. Find out how this Georgia entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Adairsville, Georgia was able to borrow $1,273,300 from Northwest Bank & Trust. The SBA made the loan possible by guaranteeing $954,975 of this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender NORTHWEST BANK & TRUST As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 624410 - Child Day Care Services Loan Approval Date 3/15/2007 Loan Approval Gross Amount $1,273,300 Loan Approval from the SBA Of the total $1,273,300 loan amount, the SBA guaranteed $954,975. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 12 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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: Who Lends Money to Small Businesses in Acworth, Georgia
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