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December 19, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Lawrenceville, Business Loans > First Charter Bank Lawrenceville Business Loans > Poured Concrete Foundation And Structure Contractors Loan | ||||
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SBA Lender Fairburn Georgia
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First Charter Bank Gives SBA Loan to Poured Concrete Foundation And Structure Contractors CompanyGeorgiaSmall business loans are available to Georgia small business owners through the SBA. In this case, a Georgia bank provides the loan. Getting a small business loan in Fairburn, Georgia was a top priority for this small company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from First Charter Bank. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: POURED CONCRETE FOUNDATION AND STRUCTURE CONTRACTORS SBA Loan Lender FIRST CHARTER BANK 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 238110 - Poured Concrete Foundation and Structure Contractors Loan Approval Date 2/22/2006 Loan Approval Gross Amount $2,000,000 Loan Approval from the SBA Of the total $2,000,000 loan amount, the SBA guaranteed $1,500,000. 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 2 employees. This SBA loan request indicated that the loan would help generate 18 new jobs and retain 20 existing jobs. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $2,000,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Small Bank Loans in Lawrenceville, Georgia
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