How to Get a Loan for Site Preparation Contractors

Looking for business loans for site preparation contractors? An SBA loan may be just what you've been looking for. This $234,500 site preparation contractors loan was issued by a Georgia bank.

This small business knew how to go about getting a business bank loan. Based in Ellaville, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Cohutta Banking Company, based in Chatsworth, Georgia.

SBA Loan Borrower

COMPANY TYPE: SITE PREPARATION CONTRACTORS
Ellaville, GA 31806

SBA Loan Lender

COHUTTA BANKING COMPANY
211 S 3RD AVE
CHATSWORTH, GA 30705

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238910 - Site Preparation Contractors

Loan Approval Date

10/23/2006

Loan Approval Gross Amount

$234,500

Loan Approval from the SBA

Of the total $234,500 loan amount, the SBA guaranteed $175,875.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.

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

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Cohutta Banking Company are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Business Line of Credit

Best Banks for Small Business in Chatsworth, Georgia

Find an SBA Lender in Georgia