Gainesville, Georgia Entrepreneur Gets a Small Business Loan
Looking to get a Georgia bank loan? This Georgia entrepreneur got a bank loan, provided by a Georgia bank that works with the SBA to help small business owners.
Getting a small business loan in Gainesville, Georgia was a top priority for this loan applicant back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Bank Of North Georgia. Here are the details on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: FOOD MANUFACTURING
GAINESVILLE, GA 30504
SBA Loan Lender
BANK OF NORTH GEORGIA
1200 JOHNSON FERRY RD
MARIETTA, GA 30068
This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
311999 - Food Manufacturing
Loan Approval Date
9/26/2002
Loan Approval Gross Amount
$2,000,000
Loan Approval from the SBA
Of the total $2,000,000 loan amount, the SBA guaranteed $1,000,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 50 employees. The SBA loan documents indicated that the loan would help retain 50 existing jobs.
Getting an SBA Loan For Your Business
If you need business start up money in Gainesville GA, you ought to talk with a local Gainesville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Gainesville businesses.
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:
Debt Financing
SBA 7A Banks in Marietta, Georgia
Georgia SBA 7A Banks