Loan to Buy Golf U.S.A. retail Golf Equip. Franchise Issued By First Coweta Bank

Need money to purchase a Golf U.S.A. retail Golf Equip. franchise? First Coweta Bank has a history of making these loans and they are guaranteed by the SBA.

Golf U.S.A. retail Golf Equip. franchise loans are available to Conyers, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Coweta Bank, based in Newnan, Georgia, issued an SBA franchise loan for a Golf U.S.A. retail Golf Equip. franchise in 2005. We've got all the details on this Georgia small business loan.

SBA Loan Borrower

ALL TUNE AND LUBE
CONYERS, GA 30013

SBA Loan Lender

FIRST COWETA BANK
61 BULLSBORO DR
NEWNAN, GA 30263

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811191 - Automotive Oil Change and Lubrication Shops

Loan Approval Date

11/17/2005

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Golf U.S.A. retail Golf Equip. franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $120,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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