United Commercial Bank Gives Small Business Loan to Postal Service Company

Would a Georgia bank loan help help your firm avoid a serious cash crunch? 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 loan applicant back in 2001 and, based on their loan application, they were successful in getting an SBA loan from United Commercial Bank. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: POSTAL SERVICE
ATLANTA, GA 30341

SBA Loan Lender

UNITED COMMERCIAL BANK
4360 CHAMBLEE-DUNWOODY RD
ATLANTA, GA 30341

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

491110 - Postal Service

Loan Approval Date

9/26/2001

Loan Approval Gross Amount

$139,300

Loan Approval from the SBA

Of the total $139,300 loan amount, the SBA guaranteed $118,405.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like United Commercial Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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