Commercial Loans for Machine Shops
Looking for commercial loans for machine shops? Try the SBA. This $166,300 machine shops loan was issued by a Georgia bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Alpharetta, Georgia was able to borrow $166,300 from Crescent Bank & Trust. The SBA made the loan possible by guaranteeing $124,725 of this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: MACHINE SHOPS
ALPHARETTA, GA 30004
SBA Loan Lender
CRESCENT BANK & TRUST
7 CARING WAY
JASPER, GA 30143
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
332710 - Machine Shops
Loan Approval Date
1/16/2008
Loan Approval Gross Amount
$166,300
Loan Approval from the SBA
Of the total $166,300 loan amount, the SBA guaranteed $124,725.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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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