Business Loan from The Coastal Bank Of Georgia Given to Radio Stations Company

The Coastal Bank Of Georgia has a track record as a leading provider of SBA loans. Find out how this Georgia entrepreneur received an SBA loan from them.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with The Coastal Bank Of Georgia, out of Brunswick, Georgia. The loan was granted and they received $392,327 to help grow their Brunswick, Georgia business.

SBA Loan Borrower

COMPANY TYPE: RADIO STATIONS
BRUNSWICK, GA 31520

SBA Loan Lender

THE COASTAL BANK OF GEORGIA
1500 NEWCASTLE ST
BRUNSWICK, GA 31520

This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

515112 - Radio Stations

Loan Approval Date

6/19/2007

Loan Approval Gross Amount

$392,327

Loan Approval from the SBA

Of the total $392,327 loan amount, the SBA guaranteed $294,245.

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 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

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 The Coastal Bank Of Georgia 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.

SBA Participating Banks in Brunswick, Georgia

Where to Get an SBA Loan Georgia

Georgia Business Loans from The Coastal Bank Of Georgia

Business Loan from The Coastal Bank Of Georgia Given to Radio Stations Company