Business Loan from Rbc Centura Bank Given to Insurance Agents And Brokers Company

An SBA loan from Rbc Centura Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Gainesville, Georgia business owner got a $124,000 loan.

This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Rbc Centura Bank, out of Atlanta, Georgia. The loan was granted and they received $124,000 to help grow their Gainesville, Georgia business.

SBA Loan Borrower

COMPANY TYPE: INSURANCE AGENTS AND BROKERS
GAINESVILLE, GA 30504

SBA Loan Lender

RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
ATLANTA, GA 30305

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

6411 - Insurance Agents and Brokers

Loan Approval Date

4/27/2000

Loan Approval Gross Amount

$124,000

Loan Approval from the SBA

Of the total $124,000 loan amount, the SBA guaranteed $93,000.

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 5 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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:

Raising Venture Capital

SBA Approved Banks in Atlanta, Georgia

SBA Lenders in Georgia