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December 22, 2024  
 
 
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SBA 7A Banks for Elberton, Georgia Business Owners

 

 
Loan Census SBA Loan Info

Small Business Loans for Cut Stone and Stone Product Manufacturing

Looking for small business loans for cut stone and stone product manufacturing? An SBA loan may be just what you've been looking for. This $1,671,000 cut stone and stone product manufacturing loan was issued by a Texas bank.

Getting a small business loan in Elberton, Georgia was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Small Business Loan Source LLC, operating out of Houston, Texas. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: CUT STONE AND STONE PRODUCT MANUFACTURING
ELBERTON, GA 30635

SBA Loan Lender

SMALL BUSINESS LOAN SOURCE LLC
9801 WESTHEIMER RD #1100
HOUSTON, TX 77056

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

327991 - Cut Stone and Stone Product Manufacturing

Loan Approval Date

4/17/2007

Loan Approval Gross Amount

$1,671,000

Loan Approval from the SBA

Of the total $1,671,000 loan amount, the SBA guaranteed $1,253,250.

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 66 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 66 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

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

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.

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