Financing for Direct Selling Establishments

Looking for loans for direct selling establishments? Talk to a banker who works with the SBA. This $400,000 direct selling establishments loan was issued by a Georgia bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Security Bank Of North Fulton, out of Alpharetta, Georgia. The loan was granted and they received $400,000 to help grow their Alpharetta, Georgia business.

SBA Loan Borrower

COMPANY TYPE: DIRECT SELLING ESTABLISHMENTS
ALPHARETTA, GA 30005

SBA Loan Lender

SECURITY BANK OF NORTH FULTON
2380 OLD MILTON PKWY
ALPHARETTA, GA 30004

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

454390 - Direct Selling Establishments

Loan Approval Date

3/2/2007

Loan Approval Gross Amount

$400,000

Loan Approval from the SBA

Of the total $400,000 loan amount, the SBA guaranteed $300,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 9 new jobs and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Security Bank Of North Fulton and they will explain how you can get an SBA loan for your company.

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:

Determining Proper Capital Structure for a Business

Best Banks in Alpharetta, Georgia

Getting an SBA Loan in Georgia