SBA Loan from Crescent Bank & Trust Helps Professional, Scientific, And Technical Services Company

An SBA loan from Crescent Bank & Trust typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Canton, Georgia business owner got a $136,700 loan.

This growing company knew how to go about getting a business bank loan. Based in Canton, Georgia, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Crescent Bank & Trust, based in Jasper, Georgia.

SBA Loan Borrower

COMPANY TYPE: PROFESSIONAL, SCIENTIFIC, AND TECHNICAL SERVICES
CANTON, GA 30115

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

541990 - Professional, Scientific, and Technical Services

Loan Approval Date

1/25/2007

Loan Approval Gross Amount

$136,700

Loan Approval from the SBA

Of the total $136,700 loan amount, the SBA guaranteed $116,195.

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 application for the borrower indicated that the loan would help generate 1 new job and retain 6 existing jobs.

Getting an SBA Loan For Your Business

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

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Understanding Dilution

Small Business Banks in Jasper, Georgia

Georgia SBA 7A Banks