Company Gets a Georgia Bank Loan
Would a Georgia SBA loan help your business get to the next level? If so, you may want to talk with this Virginia bank, which offers SBA loans to Georgia entrepreneurs.
Getting a small business loan in Decatur, Georgia was a top priority for this particular business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Capital One. Here are the details on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: MEN'S CLOTHING STORES
DECATUR, GA 30032
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
448110 - Men's Clothing Stores
Loan Approval Date
10/25/2002
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you have been wondering how do i get money to start a business in Decatur GA, you ought to talk with a local Decatur SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Decatur businesses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $50,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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.
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