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November 22, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Dunwoody, Business Loans > Colonial Bank Dunwoody Business Loans > Eating Places Loan | ||||
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Georgia Bank SBA Loans
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Colonial Bank SBA Loan to Eating Places CompanySearching for a Georgia business loan? Here's one Georgia business loan that was approved by the SBA. This small business needed an SBA business loan in Duluth, Georgia back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Colonial Bank, operating out of Dunwoody, Georgia. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender COLONIAL BANK 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. SIC Code 5812 - Eating Places Loan Approval Date 2/28/2000 Loan Approval Gross Amount $171,200 Loan Approval from the SBA Of the total $171,200 loan amount, the SBA guaranteed $128,400. 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 2 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Colonial Bank and they will explain how you can get an SBA loan for your company. 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:
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