SBA Loan from Quantum National Bank Helps Gasoline Stations With Convenience Stores Company

An SBA loan from Quantum National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Canton, Georgia business owner got a $1,576,000 loan.

Getting a small business loan in Canton, Georgia was an essential business goal for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Quantum National Bank, operating out of Suwanee, Georgia. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
CANTON, GA 30115

SBA Loan Lender

QUANTUM NATIONAL BANK
505 PEACHTREE IND BLVD
SUWANEE, GA 30024

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

11/28/2006

Loan Approval Gross Amount

$1,576,000

Loan Approval from the SBA

Of the total $1,576,000 loan amount, the SBA guaranteed $1,182,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Quantum National 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.

Related Links:

Obtaining Funding - How to Borrow Money

SBA Participating Banks in Suwanee, Georgia

Getting an SBA Loan in Georgia