Georgia Entrepreneur Secures Financing to Buy Matco Tools rent Tools Franchise

Need money to purchase a Matco Tools rent Tools franchise? Security Bank Of Bibb County has a history of making these loans and they are guaranteed by the SBA.

Matco Tools rent Tools franchise loans are available to Byron, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Security Bank Of Bibb County, based in Brunswick, Georgia, issued an SBA franchise loan for a Matco Tools rent Tools franchise in 2004. We've got all the details on this Georgia small business loan.

SBA Loan Borrower

MATCO TOOLS
BYRON, GA 31008

SBA Loan Lender

SECURITY BANK OF BIBB COUNTY
103 SCRANTON CONNECTOR
BRUNSWICK, GA 31525

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

421710 - Hardware Wholesalers

Loan Approval Date

8/3/2004

Loan Approval Gross Amount

$80,594

Loan Approval from the SBA

Of the total $80,594 loan amount, the SBA guaranteed $68,504.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Matco Tools rent Tools franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Security Bank Of Bibb County and they will explain how you can get an SBA loan for your company.

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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Matco Tools

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