Activities Related to Real Estate Loans
Looking for loans for activities related to real estate? An SBA loan may be just what you've been looking for. This $1,800,000 activities related to real estate loan was issued by a Georgia bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Doraville, Georgia was able to borrow $1,800,000 from Fidelity Bank. The SBA made the loan possible by guaranteeing $1,350,000 of this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: ACTIVITIES RELATED TO REAL ESTATE
DORAVILLE, GA 30340
SBA Loan Lender
FIDELITY BANK
3500 HOLCOMB BRIDGE RD
NORCROSS, GA 30092
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.
NAICS Code
531390 - Activities Related to Real Estate
Loan Approval Date
6/18/2004
Loan Approval Gross Amount
$1,800,000
Loan Approval from the SBA
Of the total $1,800,000 loan amount, the SBA guaranteed $1,350,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Fidelity Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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