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December 28, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Gainesville, Business Loans > Gainesville Bank & Trust Gainesville Business Loans > Eating Places Loan | ||||
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Gainesville Lenders
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Entrepreneur Works With Gainesville, Georgia Bank to Get an SBA LoanA Gainesville, Georgia SBA loan can be yours. Learn how a company got a $76,965 business loan from this Georgia bank. This loan to a local firm is a good example of an SBA loan. Gainesville Bank & Trust made the loan and the SBA guaranteed a portion of the loan. Many other Georgia entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender GAINESVILLE BANK & TRUST 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. SIC Code 5812 - Eating Places Loan Approval Date 3/23/2000 Loan Approval Gross Amount $76,965 Loan Approval from the SBA Of the total $76,965 loan amount, the SBA guaranteed $61,572. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Gainesville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Find an SBA Lender in Gainesville, Georgia Where to Get an SBA Loan Georgia
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