Dublin, Georgia Entrepreneur Gets an SBA Loan
Would a Georgia business loan help your company expand? If so, you may want to talk with this Georgia bank, which offers SBA loans to Georgia entrepreneurs.
This small business, based in Dublin, Georgia, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Central Bank Of Georgia. We've got the inside scoop on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: SPORTING GOODS STORES
DUBLIN, GA 31021
SBA Loan Lender
CENTRAL BANK OF GEORGIA
285 S BROAD ST
ELLAVILLE, GA 31806
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
451110 - Sporting Goods Stores
Loan Approval Date
9/9/2005
Loan Approval Gross Amount
$1,490,000
Loan Approval from the SBA
Of the total $1,490,000 loan amount, the SBA guaranteed $1,117,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 9 employees. The loan application did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This SBA loan was for $1,490,000. How would you spend $1,490,000 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.
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