Business Loan from Colonial Bank Given to Chiropractors Company

Colonial Bank has a track record as a leading provider of SBA loans. Find out how this Georgia entrepreneur received an SBA loan from them.

This business knew how to go about getting a business bank loan. Based in Cumming, Georgia, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Colonial Bank, based in Dunwoody, Georgia.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
CUMMING, GA 30040

SBA Loan Lender

COLONIAL BANK
4800 ASHFORD DUNWOODY RD
DUNWOODY, GA 30338

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

9/3/2002

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Cumming GA, you ought to talk with a local Cumming SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cumming businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Colonial Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Determining Proper Capital Structure for a Business

SBA Banks in Dunwoody, Georgia

SBA Participating Banks in Georgia