Raising Money for Grocery and Related Products Wholesalers
With these business loans for grocery and related products wholesalers, the SBA guarantees the lender that the loan will be repaid. This grocery and related products wholesalers loan for $603,000 was given to a Georgia entrepreneur in 2001.
Getting a small business loan in Chamblee, Georgia was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Rbc Centura Bank, operating out of Atlanta, Georgia. Here are the details on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: GROCERY AND RELATED PRODUCTS WHOLESALERS
CHAMBLEE, GA 30341
SBA Loan Lender
RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
ATLANTA, GA 30305
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
422490 - Grocery and Related Products Wholesalers
Loan Approval Date
3/7/2001
Loan Approval Gross Amount
$603,000
Loan Approval from the SBA
Of the total $603,000 loan amount, the SBA guaranteed $452,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 30 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 40 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
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 Rbc Centura Bank 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.
Related Links:
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Banks in Atlanta, Georgia
SBA Lenders in Georgia