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November 14, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Washington, Business Loans > Loans From Old Closed Lenders Washington Business Loans > Telephone Communications Loan | ||||
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District of Columbia Bank SBA Loans
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Loans From Old Closed Lenders SBA Loan to Telephone Communications CompanyWant a Georgia business loan? Here's one Georgia business loan that was approved by the SBA. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Atlanta, Georgia was able to borrow $100,000 from Loans From Old Closed Lenders. The SBA made the loan possible by guaranteeing $80,000 of this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: TELEPHONE COMMUNICATIONS SBA Loan Lender LOANS FROM OLD CLOSED LENDERS 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 4813 - Telephone Communications Loan Approval Date 9/20/2000 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $80,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 13 existing jobs. Start the Process for Getting an SBA Loan Today! 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 SBA loan was for $100,000. How would you spend $100,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Where to Get an SBA Loan in Washington, District of Columbia Getting an SBA Loan in District of Columbia
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