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November 21, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Duluth, Business Loans > Haven Trust Bank Duluth Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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SBA Lenders in Decatur, Georgia
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SBA Loan from Haven Trust Bank Helps Gasoline Stations With Convenience Stores CompanyAn SBA loan from Haven Trust Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Decatur, Georgia business owner got a $381,300 loan. This growing company knew how to go about getting a business bank loan. Based in Decatur, Georgia, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Haven Trust Bank, based in Duluth, Georgia. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender HAVEN TRUST BANK This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 7/14/2004 Loan Approval Gross Amount $381,300 Loan Approval from the SBA Of the total $381,300 loan amount, the SBA guaranteed $285,975. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 5 existing jobs. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. 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 Haven Trust Bank 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: Banking Deregulation's Effects on Entrepreneurship SBA Participating Banks in Duluth, Georgia
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