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November 15, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Alpharetta, Business Loans > Bank Of North Georgia Alpharetta Business Loans > Radio, Television, And Electronics Stores Loan | ||||
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Alpharetta, Georgia SBA Lenders
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Entrepreneur Works With Alpharetta, Georgia Bank to Get an SBA LoanThinking about meeting with an Alpharetta, Georgia bank about a small business loan? Here's one Georgia business loan, issued by an Alpharetta bank, that was approved by the SBA. Applying for an SBA loan with Bank Of North Georgia worked out well for our friends at one local company in Atlanta, Georgia. They received an SBA loan for $100,000. Nice! SBA Loan Borrower COMPANY TYPE: RADIO, TELEVISION, AND ELECTRONICS STORES SBA Loan Lender BANK OF NORTH GEORGIA As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 443112 - Radio, Television, and Electronics Stores Loan Approval Date 11/5/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $75,000. 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 11 employees. The loan application indicated that the loan would help generate 7 new jobs and retain 11 existing jobs. Start the Process for Getting an SBA Loan Today! 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. While you may be able to borrow money from friends and family, 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: Find an SBA Lender in Alpharetta, Georgia
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