Get an SBA Loan for Engineering Services
With these small business loans for engineering services, the SBA guarantees the lender that the loan will be repaid. This engineering services loan for $1,673,000 was given to a Georgia entrepreneur in 2005.
This company knew how to go about getting a business bank loan. Based in Alpharetta, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Cornerstonebank, based in Atlanta, Georgia.
SBA Loan Borrower
COMPANY TYPE: ENGINEERING SERVICES
ALPHARETTA, GA 30004
SBA Loan Lender
CORNERSTONEBANK
2060 MT PARAN RD NW, STE 100
ATLANTA, GA 30327
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
541330 - Engineering Services
Loan Approval Date
8/31/2005
Loan Approval Gross Amount
$1,673,000
Loan Approval from the SBA
Of the total $1,673,000 loan amount, the SBA guaranteed $1,254,750.
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 42 employees. The loan application indicated that the loan would help retain 42 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.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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