Entrepreneur Works With Brunswick, Georgia Bank to Get an SBA Loan

Get to know Brunswick, Georgia banks that specialize in SBA loans and know how to work with entrepreneurs. Ameris Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Brunswick, Georgia starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Ameris Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: DIRECT SELLING ESTABLISHMENTS
BRUNSWICK, GA 31520

SBA Loan Lender

AMERIS BANK
3440 CYPRESS MILL RD
BRUNSWICK, GA 31520

This lender issued this bank loan under the 7A SBA 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.

NAICS Code

454390 - Direct Selling Establishments

Loan Approval Date

10/18/2001

Loan Approval Gross Amount

$339,651

Loan Approval from the SBA

Of the total $339,651 loan amount, the SBA guaranteed $254,738.

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 6 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Ameris Bank 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.

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