SBA Loan from Rbc Centura Bank Helps Sign Manufacturing Company
Rbc Centura Bank has a track record as a leading provider of SBA loans. Find out how this Georgia entrepreneur received an SBA loan from them.
This business knew how to go about getting a business bank loan. Based in Ball Ground, Georgia, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Rbc Centura Bank, based in Norcross, Georgia.
SBA Loan Borrower
COMPANY TYPE: SIGN MANUFACTURING
BALL GROUND, GA 30107
SBA Loan Lender
RBC CENTURA BANK
3320 HOLCOMB BRIDGE RD NW, ST
NORCROSS, GA 30092
This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
339950 - Sign Manufacturing
Loan Approval Date
1/11/2006
Loan Approval Gross Amount
$975,000
Loan Approval from the SBA
Of the total $975,000 loan amount, the SBA guaranteed $731,250.
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 25 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.
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.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Rbc Centura Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Rbc Centura Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Family and Friend Investors - Your First Financiers
Banks in Norcross, Georgia
Georgia SBA Banks