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

Metter, Georgia Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Metter, Georgia Lender Lends Money to Business Service Centers Company

Get SBA loans from a Metter, Georgia bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Durden Banking Co., Inc. is a Metter, Georgia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Georgia company.

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICE CENTERS
DUBLIN, GA 31021

SBA Loan Lender

DURDEN BANKING CO., INC.
900 S LEWIS ST
METTER, GA 30439

This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561439 - Business Service Centers

Loan Approval Date

6/13/2006

Loan Approval Gross Amount

$157,406

Loan Approval from the SBA

Of the total $157,406 loan amount, the SBA guaranteed $118,055.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the business planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Durden Banking Co., Inc. and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Determining Proper Capital Structure for a Business

Best Banks for Small Business in Metter, Georgia

Getting an SBA Loan in Georgia