Crescent Bank & Trust SBA Loan to Landscaping Services Company
Crescent Bank & Trust and the SBA work together to get business loans for growing small businesses. Here's an example of how a Georgia entrepreneur was able to get a loan to take a small business to the next level.
Getting a small business loan in Canton, Georgia was an essential business goal for this small business back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Crescent Bank & Trust, operating out of Jasper, Georgia. Here are the details on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
CANTON, GA 30114
SBA Loan Lender
CRESCENT BANK & TRUST
7 CARING WAY
JASPER, GA 30143
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
1/30/2008
Loan Approval Gross Amount
$261,000
Loan Approval from the SBA
Of the total $261,000 loan amount, the SBA guaranteed $195,750.
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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
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.
We can help you find the best banks for small businesses in Canton or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Equity Financing
SBA 7A Lenders in Jasper, Georgia
Georgia SBA 7A Banks