Hazlehurst, Georgia Business Gets SBA-Guaranteed Funding from Altamaha Bank & Trust Company

An SBA loan from Altamaha Bank & Trust Company typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Hazlehurst, Georgia business owner got a $25,000 loan.

This small firm knew how to go about getting a business bank loan. Based in Hazlehurst, Georgia, they applied for and received an SBA-guaranteed loan in 2001. The lending bank was Altamaha Bank & Trust Company, based in Hazlehurst, Georgia.

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
HAZLEHURST, GA 31539

SBA Loan Lender

ALTAMAHA BANK & TRUST COMPANY
401 N TALLAHASSEE ST
HAZLEHURST, GA 31539

This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7299 - Personal Services

NAICS Code

812990 - Personal Services

Loan Approval Date

1/26/2001

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $21,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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