Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

First National Bank Of Georgia

 

 
Loan Census SBA Loan Info

First National Bank Of Georgia SBA Loan to Full-Service Restaurants Company

First National Bank Of Georgia has a track record as a leading provider of SBA loans. Find out how this Georgia entrepreneur received an SBA loan from them.

This growing company knew how to go about getting a business bank loan. Based in Douglasville, Georgia, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was First National Bank Of Georgia, based in Carrollton, Georgia.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
DOUGLASVILLE, GA 30135

SBA Loan Lender

FIRST NATIONAL BANK OF GEORGIA
201 MAPLE ST
CARROLLTON, GA 30117

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

9/20/2007

Loan Approval Gross Amount

$197,000

Loan Approval from the SBA

Of the total $197,000 loan amount, the SBA guaranteed $147,750.

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 70 employees. The loan application indicated that the loan would help generate 69 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $197,000. How would you spend $197,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Equity Financing

Find an SBA Lender in Carrollton, Georgia

Georgia SBA 7A Lenders