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December 22, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Woodstock, Business Loans > First Cherokee State Bank Woodstock Business Loans > Business Services Loan | ||||
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Woodstock Lenders
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Woodstock, Georgia Lender Lends Money to Business Services CompanyWant to talk with a Woodstock, Georgia bank about a small business loan? Here's one Georgia business loan, issued by a Woodstock bank, that was approved by the SBA. Applying for an SBA loan with First Cherokee State Bank worked out well for our friends at one local firm in Atlanta, Georgia. They received an SBA loan for $385,000. Sweet! SBA Loan Borrower COMPANY TYPE: BUSINESS SERVICES SBA Loan Lender FIRST CHEROKEE STATE BANK 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. SIC Code 7389 - Business Services Loan Approval Date 3/10/2000 Loan Approval Gross Amount $385,000 Loan Approval from the SBA Of the total $385,000 loan amount, the SBA guaranteed $288,750. 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 6 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 6 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Best Banks in Woodstock, Georgia
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