Commercial Loans for Industrial Building Construction
With these commercial loans for industrial building construction, the SBA guarantees the lender that the loan will be repaid. This industrial building construction loan for $232,600 was given to a Georgia entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Alpharetta, Georgia was able to borrow $232,600 from Haven Trust Bank. The SBA made the loan possible by guaranteeing $174,450 of this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: INDUSTRIAL BUILDING CONSTRUCTION
ALPHARETTA, GA 30022
SBA Loan Lender
HAVEN TRUST BANK
6340 SUGARLOAF PKWY, STE 100
DULUTH, GA 30097
This lender provides SBA guaranteed business 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
236210 - Industrial Building Construction
Loan Approval Date
6/15/2007
Loan Approval Gross Amount
$232,600
Loan Approval from the SBA
Of the total $232,600 loan amount, the SBA guaranteed $174,450.
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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Accountant's Role in Securing Financing
SBA Banks in Duluth, Georgia
Georgia SBA 7A Banks