Drycleaning and Laundry Services SBA Loans
Looking for SBA loans for drycleaning and laundry services? The SBA may be the answer. This $420,000 drycleaning and laundry services loan was issued by a California bank.
Getting a small business loan in Atlanta, Georgia was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Saehan Bank, operating out of Los Angeles, California. Here are the details on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES
Atlanta, GA 30324
SBA Loan Lender
SAEHAN BANK
3580 WILSHIRE BLVD, STE 1500
LOS ANGELES, CA 90010
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
812320 - Drycleaning and Laundry Services
Loan Approval Date
12/1/2006
Loan Approval Gross Amount
$420,000
Loan Approval from the SBA
Of the total $420,000 loan amount, the SBA guaranteed $315,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 5 employees. This SBA loan request indicated that the loan would help create 5 new jobs.
Getting an SBA Loan For Your Business
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $420,000 loan. Remember, things become real when you believe you can achieve them!
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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