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November 15, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Alma, Business Loans > First National Bank South Alma Business Loans > Store Retailers Loan | ||||
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Who Can Get a Business Loan in Douglas, Georgia?
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Store Retailers Business LoansLooking for business loans for store retailers? Try the SBA. This $213,500 store retailers loan was issued by a Georgia bank. This business knew how to go about getting a business bank loan. Based in Douglas, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was First National Bank South, based in Alma, Georgia. SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender FIRST NATIONAL BANK SOUTH As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453998 - Store Retailers Loan Approval Date 3/30/2005 Loan Approval Gross Amount $213,500 Loan Approval from the SBA Of the total $213,500 loan amount, the SBA guaranteed $160,125. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for 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. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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 Banks in Alma, Georgia
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