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.
Related Links:
How Much Venture Capital Is There?
Best Atlanta, Georgia Banks for Small Business
Browse All Business Loan Sources for Georgia