SBA Loan from Rbc Centura Bank Helps Excavation Contractors Company
An SBA loan from Rbc Centura Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Alpharetta, Georgia business owner got a $26,800 loan.
This business knew how to go about getting a business bank loan. Based in Alpharetta, Georgia, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Rbc Centura Bank, based in Atlanta, Georgia.
SBA Loan Borrower
COMPANY TYPE: EXCAVATION CONTRACTORS
ALPHARETTA, GA 30004
SBA Loan Lender
RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
ATLANTA, GA 30305
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
235930 - Excavation Contractors
Loan Approval Date
1/26/2004
Loan Approval Gross Amount
$26,800
Loan Approval from the SBA
Of the total $26,800 loan amount, the SBA guaranteed $22,780.
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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are working on finding money to start a business in Alpharetta GA, you ought to talk with a local Alpharetta SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Alpharetta businesses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Rbc Centura Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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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