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November 14, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Buford, Business Loans > Georgia Trust Bank Buford Business Loans > Full-Service Restaurants Loan | ||||
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Georgia Small Business Funding
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Where to Get Capital for Full-Service RestaurantsLooking for small business loans for full-service restaurants? Talk to a banker who works with the SBA. This $476,040 full-service restaurants loan was issued by a Georgia bank. This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Georgia Trust Bank, out of Buford, Georgia. The loan was granted and they received $476,040 to help grow their Duluth, Georgia business. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender GEORGIA TRUST BANK This SBA bank 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 722110 - Full-Service Restaurants Loan Approval Date 10/16/2006 Loan Approval Gross Amount $476,040 Loan Approval from the SBA Of the total $476,040 loan amount, the SBA guaranteed $357,030. 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 27 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Best Banks for Small Business in Buford, Georgia
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