Commercial Loans for Burial Casket Manufacturing

Looking for commercial loans for burial casket manufacturing? Try the SBA. This $472,000 burial casket manufacturing loan was issued by a Georgia bank.

This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Rbc Centura Bank, out of Atlanta, Georgia. The loan was granted and they received $472,000 to help grow their Alpharetta, Georgia business.

SBA Loan Borrower

COMPANY TYPE: BURIAL CASKETS
ALPHARETTA, GA 30201

SBA Loan Lender

RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
ATLANTA, GA 30305

This lender issued this loan for a small business under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3995 - Burial Caskets

NAICS Code

339995 - Burial Casket Manufacturing

Loan Approval Date

9/5/2000

Loan Approval Gross Amount

$472,000

Loan Approval from the SBA

Of the total $472,000 loan amount, the SBA guaranteed $354,000.

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 8 employees. The loan application did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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.

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SBA Participating Banks in Atlanta, Georgia

SBA Lenders in Georgia