Business Loan from Sunrise Bank Of Atlanta Given to Investment Advice Company
An SBA loan from Sunrise Bank Of Atlanta typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Duluth, Georgia business owner got a $131,000 loan.
This business knew how to go about getting a business bank loan. Based in Duluth, Georgia, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Sunrise Bank Of Atlanta, based in Atlanta, Georgia.
SBA Loan Borrower
COMPANY TYPE: INVESTMENT ADVICE
DULUTH, GA 30071
SBA Loan Lender
SUNRISE BANK OF ATLANTA
600 W PEACHTREE ST NW, STE 30
ATLANTA, GA 30308
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
523930 - Investment Advice
Loan Approval Date
7/21/2004
Loan Approval Gross Amount
$131,000
Loan Approval from the SBA
Of the total $131,000 loan amount, the SBA guaranteed $111,350.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 2 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $131,000 loan. Remember, fight for what you want, and it will be yours!
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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