Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Atlanta, Georgia Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Building Finishing Contractors

Looking for small business loans for building finishing contractors? An SBA loan may be just what you've been looking for. This $200,000 building finishing contractors loan was issued by a Georgia bank.

This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Georgia Banking Company, out of Atlanta, Georgia. The loan was granted and they received $200,000 to help grow their Atlanta, Georgia business.

SBA Loan Borrower

COMPANY TYPE: BUILDING FINISHING CONTRACTORS
ATLANTA, GA 30318

SBA Loan Lender

GEORGIA BANKING COMPANY
6190 POWERS FERRY RD, STE 150
ATLANTA, GA 30339

When this loan was made, the lender participated in the SBA's Certified Lenders Program (CLP). This program is designed to provide speedy service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238390 - Building Finishing Contractors

Loan Approval Date

10/8/2003

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

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.

While you may be able to find business people willing to loan money, 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.

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