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December 22, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Atlanta, Business Loans > Sunrise Bank Of Atlanta Atlanta Business Loans > Wood Container And Pallet Manufacturing Loan | ||||
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Raising Money in Atlanta, Georgia With SBA Loans
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Georgia Small Business Loan Issued to Wood Container And Pallet Manufacturing CompanyWant a Georgia small business loan? This Georgia entrepreneur got a small business loan, provided by a Georgia bank that works with the SBA to help small business owners. By giving the right information to Sunrise Bank Of Atlanta, this Atlanta, Georgia business was able to get an SBA loan. To get this loan, the loan applicant gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: WOOD CONTAINER AND PALLET MANUFACTURING SBA Loan Lender SUNRISE BANK OF ATLANTA Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 321920 - Wood Container and Pallet Manufacturing Loan Approval Date 12/9/2003 Loan Approval Gross Amount $1,465,100 Loan Approval from the SBA Of the total $1,465,100 loan amount, the SBA guaranteed $999,930. 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 80 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 80 existing jobs. Next Steps for Getting an SBA Loan 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've showcased information on this loan to let you know that businesses like yours 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: Who Lends Money to Small Businesses in Atlanta, Georgia
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