Borrowing Money for Prefabricated Metal Building and Component Manufacturing

Looking for bank loans for prefabricated metal building and component manufacturing? Talk to a banker who works with the SBA. This $1,575,000 prefabricated metal building and component manufacturing loan was issued by a Georgia bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Gainesville, Georgia was able to borrow $1,575,000 from Bank Of North Georgia. The SBA made the loan possible by guaranteeing $1,181,250 of this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: PREFABRICATED METAL BUILDING AND COMPONENT MANUFACTURING
GAINESVILLE, GA 30507

SBA Loan Lender

BANK OF NORTH GEORGIA
1200 JOHNSON FERRY RD
MARIETTA, GA 30068

This lender provides SBA 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

332311 - Prefabricated Metal Building and Component Manufacturing

Loan Approval Date

4/7/2005

Loan Approval Gross Amount

$1,575,000

Loan Approval from the SBA

Of the total $1,575,000 loan amount, the SBA guaranteed $1,181,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 50 employees. The SBA loan documents indicated that the loan would help retain 50 existing jobs.

Next Steps for Getting an SBA Loan

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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank Of North Georgia are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

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SBA Approved Banks in Marietta, Georgia

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