Citizens Trust Bank SBA Loan to Eating Places Company
Want a Georgia small business loan? Here's one Georgia business loan that was approved by the SBA.
This small business needed an SBA business loan in Decatur, Georgia back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Citizens Trust Bank, operating out of Atlanta, Georgia. Here are the details on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
DECATUR, GA 30032
SBA Loan Lender
CITIZENS TRUST BANK
75 PIEDMONT AVE NE
ATLANTA, GA 30303
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
Loan Approval Date
4/7/2000
Loan Approval Gross Amount
$256,000
Loan Approval from the SBA
Of the total $256,000 loan amount, the SBA guaranteed $192,000.
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 60 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 60 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
We can help you find the best banks for small businesses in Decatur or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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 Incubators
Banks in Atlanta, Georgia
Georgia SBA Banks