Jasper, Georgia Lender Lends Money to Personal Services Company
Thinking about meeting with a Jasper, Georgia bank about an SBA loan? Here's one Alabama business loan, issued by a Jasper bank, that was approved by the SBA.
Applying for an SBA loan with Crescent Bank & Trust worked out well for our friends at one local business in Auburn, Alabama. They received an SBA loan for $119,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: PERSONAL SERVICES
AUBURN, AL 36832
SBA Loan Lender
CRESCENT BANK & TRUST
7 CARING WAY
JASPER, GA 30143
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
812990 - Personal Services
Loan Approval Date
12/3/2007
Loan Approval Gross Amount
$119,000
Loan Approval from the SBA
Of the total $119,000 loan amount, the SBA guaranteed $101,150.
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 3 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in Auburn 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.
Related Links:
Financing Your Business
SBA Approved Banks in Jasper, Georgia
SBA Georgia Banks