Georgia Bank Loan Issued to Dental Laboratories Company
Searching for a Georgia small business loan? This Georgia entrepreneur got a small business loan, provided by a Georgia bank that works with the SBA to help small business owners.
This small business, based in Conyers, Georgia, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Citizens Trust Bank. We've got the inside scoop on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: DENTAL LABORATORIES
CONYERS, GA 30013
SBA Loan Lender
CITIZENS TRUST BANK
75 PIEDMONT AVE NE
ATLANTA, GA 30303
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8072 - Dental Laboratories
NAICS Code
339116 - Dental Laboratories
Loan Approval Date
3/27/2000
Loan Approval Gross Amount
$283,000
Loan Approval from the SBA
Of the total $283,000 loan amount, the SBA guaranteed $212,250.
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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Next Steps for Getting an SBA Loan
If you are working on finding money to start a business in Conyers GA, you ought to talk with a local Conyers SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Conyers businesses.
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:
Business Credit Evaluation
SBA Approved Banks in Atlanta, Georgia
Georgia SBA Banks