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November 15, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Richmond, Business Loans > Suntrust Bank Richmond Business Loans > Interior Design Services Loan | ||||
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SBA Lenders for College Park, Georgia Small Business Owners
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Firm Gets a Georgia SBA LoanGeorgiaSmall business loans are available to Georgia small business owners through the SBA. In this case, a Virginia bank provides the loan. You can learn something about getting a small business loan in College Park, Georgia by studying this loan to a local company, made back in 2006. Banks like Suntrust Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: INTERIOR DESIGN SERVICES SBA Loan Lender SUNTRUST BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 541410 - Interior Design Services Loan Approval Date 9/26/2006 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. 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: Best Banks for Small Business in Richmond, Virginia
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