Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Examples of Douglas SBA Loans

 

 
Loan Census SBA Loan Info

Farm Product Raw Material Merchant Wholesalers Small Business Loans

Looking for small business loans for farm product raw material merchant wholesalers? Try the SBA. This $105,000 farm product raw material merchant wholesalers 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 Colony Bank Southeast, out of Douglas, Georgia. The loan was granted and they received $105,000 to help grow their Douglas, Georgia business.

SBA Loan Borrower

COMPANY TYPE: FARM PRODUCT RAW MATERIAL MERCHANT WHOLESALERS
DOUGLAS, GA 31533

SBA Loan Lender

COLONY BANK SOUTHEAST
625 W WARD ST
DOUGLAS, GA 31533

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

424590 - Farm Product Raw Material Merchant Wholesalers

Loan Approval Date

2/21/2006

Loan Approval Gross Amount

$105,000

Loan Approval from the SBA

Of the total $105,000 loan amount, the SBA guaranteed $89,250.

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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

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.

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 $105,000 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.

Related Links:

Obtaining Funding From a Venture Capitalist

SBA Participating Banks in Douglas, Georgia

Georgia SBA 7A Banks