Growing Company Gets a Georgia Small Business Loan
GeorgiaBank loans are available to Georgia firms through the SBA. In this case, a New Jersey bank provides the loan.
Getting a small business loan in Ball Ground, Georgia was a top priority for this loan applicant back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Unity Bank. Here are the details on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
BALL GROUND, GA 30107
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
This SBA bank loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445110 - Supermarkets and Grocery Stores
Loan Approval Date
4/24/2001
Loan Approval Gross Amount
$624,500
Loan Approval from the SBA
Of the total $624,500 loan amount, the SBA guaranteed $468,375.
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 12 employees. This SBA loan request did not indicate that the business promised to use the funding to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
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 $624,500 loan. Remember, fight for what you want, and it will be yours!
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:
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SBA 7A Banks for Clinton, New Jersey Loans
SBA New Jersey Banks