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December 19, 2024  
 
 
  Business Loan Information  
 

Get an SBA Loan in Baxley, Georgia

 

 
Loan Census SBA Loan Info

Local Business Gets a Georgia Business Loan

GeorgiaBusiness loans are available to Georgia business owners through the SBA. In this case, a Georgia bank provides the loan.

You can learn something about getting a small business loan in Baxley, Georgia by studying this loan to a local business, made back in 2002. Banks like Peoples State Bank & Trust may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: GROCERY STORES
BAXLEY, GA 91513

SBA Loan Lender

PEOPLES STATE BANK & TRUST
72 E PARKER ST
BAXLEY, GA 31513

This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5411 - Grocery Stores

NAICS Code

445120 - Convenience Stores

Loan Approval Date

11/20/2002

Loan Approval Gross Amount

$72,000

Loan Approval from the SBA

Of the total $72,000 loan amount, the SBA guaranteed $61,200.

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 2 employees. The SBA loan documents did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to let you know that businesses like yours 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.

Related Links:

Obtaining Funding From a Venture Capitalist

Who Lends Money to Small Businesses in Baxley, Georgia

Where to Get an SBA Loan Georgia