Business Loan from Dalton Whitfield Bank A Divisi Given to General Purpose Machinery Manufacturing Company

An SBA loan from Dalton Whitfield Bank A Divisi typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Dalton, Georgia business owner got a $317,000 loan.

This small firm knew how to go about getting a business bank loan. Based in Dalton, Georgia, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Dalton Whitfield Bank A Divisi, based in Dalton, Georgia.

SBA Loan Borrower

COMPANY TYPE: GENERAL PURPOSE MACHINERY MANUFACTURING
DALTON, GA 30720

SBA Loan Lender

DALTON WHITFIELD BANK A DIVISI
401 S THORNTON AVE
DALTON, GA 30720

This lender issued this small business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

333999 - General Purpose Machinery Manufacturing

Loan Approval Date

12/12/2003

Loan Approval Gross Amount

$317,000

Loan Approval from the SBA

Of the total $317,000 loan amount, the SBA guaranteed $237,750.

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 8 employees. The loan application did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

SBIR Funding

SBA 7A Lenders in Dalton, Georgia

Getting an SBA Loan in Georgia