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November 15, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Atlanta, Business Loans > Omni National Bank Atlanta Business Loans > Jewelry Stores Loan | ||||
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We Needed a Commercial Loan in Fayetteville, North Carolina and We Got One!
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Where to Get Capital for Jewelry StoresLooking for SBA loans for jewelry stores? An SBA loan may be just what you've been looking for. This $387,000 jewelry stores loan was issued by a Georgia bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fayetteville, North Carolina was able to borrow $387,000 from Omni National Bank. The SBA made the loan possible by guaranteeing $290,250 of this North Carolina small business loan. SBA Loan Borrower COMPANY TYPE: JEWELRY STORES SBA Loan Lender OMNI NATIONAL BANK This SBA 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 448310 - Jewelry Stores Loan Approval Date 6/3/2002 Loan Approval Gross Amount $387,000 Loan Approval from the SBA Of the total $387,000 loan amount, the SBA guaranteed $290,250. 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 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This SBA loan was for $387,000. How would you spend $387,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: How Much Venture Capital Is There? Where to Get an SBA Loan in Atlanta, Georgia SBA Participating Banks in Georgia
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