Loan Census Banking News and Information
November 15, 2024  
 
 
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Small Business Banks in Georgia

 

 
Loan Census SBA Loan Info

Loans for Caterers

Looking for loans for caterers? The SBA may be the answer. This $100,000 caterers loan was issued by a Georgia bank.

This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Metro City Bank, out of Doraville, Georgia. The loan was granted and they received $100,000 to help grow their Doraville, Georgia business.

SBA Loan Borrower

COMPANY TYPE: CATERERS
DORAVILLE, GA 30340

SBA Loan Lender

METRO CITY BANK
5441 BUFORD HWY
DORAVILLE, GA 30340

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

722320 - Caterers

Loan Approval Date

12/6/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $75,000.

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 only one employee. The SBA loan documents indicated that the loan would help generate 1 new job.

Next Steps for Getting an SBA Loan

If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Small Business Credit Cards

Small Bank Loans in Doraville, Georgia

SBA Participating Banks in Georgia