Atlanta, Georgia Entrepreneur Gets a Business Loan
Would a Georgia small business loan help your small business to grow and prosper? If so, you may want to talk with this Georgia bank, which offers SBA loans to Georgia entrepreneurs.
Getting a small business loan in Atlanta, Georgia was a top priority for this small company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Haven Trust Bank. Here are the details on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL ART AND GRAPHIC DESIGN
ATLANTA, GA 30303
SBA Loan Lender
HAVEN TRUST BANK
6340 SUGARLOAF PKWY, STE 100
DULUTH, GA 30097
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7336 - Commercial Art and Graphic Design
Loan Approval Date
10/13/2000
Loan Approval Gross Amount
$80,000
Loan Approval from the SBA
Of the total $80,000 loan amount, the SBA guaranteed $64,000.
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 only one employee. This SBA loan request did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
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:
Business Line of Credit
Best Banks for Small Business in Duluth, Georgia
Getting a Business Loan in Georgia