Getting an SBA Loan for Sign Manufacturing

With these SBA loans for sign manufacturing, the SBA guarantees the lender that the loan will be repaid. This sign manufacturing loan for $281,352 was given to a Georgia entrepreneur in 2002.

This business knew how to go about getting a business bank loan. Based in Baxley, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was First National Bank South, based in Baxley, Georgia.

SBA Loan Borrower

COMPANY TYPE: SIGNS AND ADVERTISING SPECIALTIES
BAXLEY, GA 31513

SBA Loan Lender

FIRST NATIONAL BANK SOUTH
198 W PARKER ST
BAXLEY, GA 31513

This lender issued this loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3993 - Signs and Advertising Specialties

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

5/7/2002

Loan Approval Gross Amount

$281,352

Loan Approval from the SBA

Of the total $281,352 loan amount, the SBA guaranteed $211,014.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. The SBA loan documents did not indicate that the business planned to use the money to add employees 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.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank South so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Investor Turnoffs

SBA 7A Lenders in Baxley, Georgia

Georgia SBA 7A Banks