Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Fitzgerald, Georgia Bank Loan

 

 
Loan Census SBA Loan Info

Loans for Service Establishment Equipment and Supplies Merchant Wholesalers

Looking for loans for service establishment equipment and supplies merchant wholesalers? The SBA may be the answer. This $40,000 service establishment equipment and supplies merchant wholesalers loan was issued by a Georgia bank.

Getting a small business loan in Fitzgerald, Georgia was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Community Bank Co - Fitzgerald, operating out of Fitzgerald, Georgia. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: SERVICE ESTABLISHMENT EQUIPMENT AND SUPPLIES MERCHANT WHOLESALERS
FITZGERALD, GA 31750

SBA Loan Lender

COMMUNITY BANK CO - FITZGERALD
102 W ROANOKE DR
FITZGERALD, GA 31750

This lender issued this particular small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423850 - Service Establishment Equipment and Supplies Merchant Wholesalers

Loan Approval Date

6/21/2004

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Small Business Loan

Good Banks for Small Business in Fitzgerald, Georgia

Georgia SBA 7A Lenders