Raising Money for Home Furnishing Wholesalers

Looking for business loans for home furnishing wholesalers? Talk to a banker who works with the SBA. This $1,230,200 home furnishing wholesalers loan was issued by a Georgia bank.

Getting a small business loan in Chamblee, Georgia was important for this business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Colonial Bank, operating out of Dunwoody, Georgia. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: HOME FURNISHING WHOLESALERS
CHAMBLEE, GA 30341

SBA Loan Lender

COLONIAL BANK
4800 ASHFORD DUNWOODY RD
DUNWOODY, GA 30338

This lender provides SBA loan for small businesses 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

421220 - Home Furnishing Wholesalers

Loan Approval Date

7/5/2002

Loan Approval Gross Amount

$1,230,200

Loan Approval from the SBA

Of the total $1,230,200 loan amount, the SBA guaranteed $573,273.

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. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

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 Colonial 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:

Getting a Small Business Loan

Best Banks in Dunwoody, Georgia

SBA Lenders in Georgia