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November 21, 2024  
 
 
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Branch Bank & Trust Small Business Loan

 

 
Loan Census SBA Loan Info

Loans for Synthetic Organic Dye and Pigment Manufacturing

With these loans for synthetic organic dye and pigment manufacturing, the SBA guarantees the lender that the loan will be repaid. This synthetic organic dye and pigment manufacturing loan for $91,500 was given to a Georgia entrepreneur in 2004.

Getting a small business loan in Dahlonega, Georgia was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Branch Bank & Trust, operating out of Winston Salem, North Carolina. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: SYNTHETIC ORGANIC DYE AND PIGMENT MANUFACTURING
DAHLONEGA, GA 30533

SBA Loan Lender

BRANCH BANK & TRUST
200 W 2ND ST
WINSTON SALEM, NC 27101

The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

325132 - Synthetic Organic Dye and Pigment Manufacturing

Loan Approval Date

6/17/2004

Loan Approval Gross Amount

$91,500

Loan Approval from the SBA

Of the total $91,500 loan amount, the SBA guaranteed $45,750.

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.

Getting an SBA Loan For Your Business

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Branch Bank & Trust and they will explain how you can get an SBA loan for your company.

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:

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Where to Get an SBA Loan in Winston Salem, North Carolina

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