Loan Census Banking News and Information
November 15, 2024  
 
 
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Atlanta, Georgia SBA 7A Banks

 

 
Loan Census SBA Loan Info

Atlanta, Georgia Bank Gives SBA Loan to Drinking Places Company

Want to talk with an Atlanta, Georgia bank about a business loan? Here's one Georgia business loan, issued by an Atlanta bank, that was approved by the SBA.

Applying for an SBA loan with Business Devel Corp - Georgia I worked out well for our friends at one local firm in Atlanta, Georgia. The business was able to get an SBA loan for $1,027,500. Awesome!

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
ATLANTA, GA 30324

SBA Loan Lender

BUSINESS DEVEL CORP - GEORGIA I
1450 S JOHNSON FERRY ROAD, SU
ATLANTA, GA 30319

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

722410 - Drinking Places

Loan Approval Date

10/23/2001

Loan Approval Gross Amount

$1,027,500

Loan Approval from the SBA

Of the total $1,027,500 loan amount, the SBA guaranteed $770,625.

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 10 employees. This SBA loan request indicated that the borrowed money would help generate 2 new jobs.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We can help you find the best banks for small businesses in Atlanta or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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