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November 15, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > Statesboro, Business Loans > Queensborough National Bank & Trust Statesboro Business Loans > Commercial Printing Loan | ||||
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SBA Lenders Georgia
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Statesboro, Georgia Bank Gives SBA Loan to Commercial Printing CompanyA Statesboro, Georgia SBA loan can be yours. Learn how a company got a $93,000 business loan from this Georgia bank. This loan to a local firm is a good example of an SBA loan. Queensborough National Bank & Trust made the loan and the SBA guaranteed a portion of the loan. Many other South Carolina entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: COMMERCIAL PRINTING SBA Loan Lender QUEENSBOROUGH NATIONAL BANK & TRUST This lender issued this particular business 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 2759 - Commercial Printing NAICS Code 323114 - Quick Printing Loan Approval Date 9/20/2001 Loan Approval Gross Amount $93,000 Loan Approval from the SBA Of the total $93,000 loan amount, the SBA guaranteed $79,050. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Queensborough National Bank & Trust are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: SBA Approved Banks in Statesboro, Georgia
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