Business Loans for Heavy Duty Truck Manufacturing

With these business loans for heavy duty truck manufacturing, the SBA guarantees the lender that the loan will be repaid. This heavy duty truck manufacturing loan for $135,000 was given to a Georgia entrepreneur in 2001.

Getting a small business loan in Folkston, Georgia was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Primesouth Bank, operating out of Waycross, Georgia. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE PARTS AND ACCESSORIES
FOLKSTON, GA 31537

SBA Loan Lender

PRIMESOUTH BANK
530 MEMORIAL DR
WAYCROSS, GA 31501

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3714 - Motor Vehicle Parts and Accessories

NAICS Code

336120 - Heavy Duty Truck Manufacturing

Loan Approval Date

1/2/2001

Loan Approval Gross Amount

$135,000

Loan Approval from the SBA

Of the total $135,000 loan amount, the SBA guaranteed $101,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Raising VC Money for Social Networking Companies

Where to Get an SBA Loan in Waycross, Georgia

Find an SBA Lender in Georgia