Athens, Georgia Business Gets SBA-Guaranteed Funding from Afb&t
Afb&t has a track record as a leading provider of SBA loans. Find out how this Georgia entrepreneur received an SBA loan from them.
This small firm knew how to go about getting a business bank loan. Based in Athens, Georgia, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Afb&t, based in Athens, Georgia.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
Athens, GA 30606
SBA Loan Lender
AFB&T
124 E HANCOCK
ATHENS, GA 30601
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
621310 - Chiropractors
Loan Approval Date
4/13/2006
Loan Approval Gross Amount
$194,000
Loan Approval from the SBA
Of the total $194,000 loan amount, the SBA guaranteed $145,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 5 existing jobs.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
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.
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