Special Trade Contractors SBA Loans

With these SBA loans for special trade contractors, the SBA guarantees the lender that the loan will be repaid. This special trade contractors loan for $663,875 was given to a Georgia entrepreneur in 2000.

This small business knew how to go about getting a business bank loan. Based in Hoboken, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Peoples Bank, based in Blackshear, Georgia.

SBA Loan Borrower

COMPANY TYPE: SPECIAL TRADE CONTRACTORS
HOBOKEN, GA 31542

SBA Loan Lender

PEOPLES BANK
228 MAIN ST
BLACKSHEAR, GA 31516

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1799 - Special Trade Contractors

NAICS Code

235990 - Special Trade Contractors

Loan Approval Date

9/27/2000

Loan Approval Gross Amount

$663,875

Loan Approval from the SBA

Of the total $663,875 loan amount, the SBA guaranteed $497,906.

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 20 employees. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your 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.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

Related Links:

Small Business Credit Cards

SBA 7A Lenders in Blackshear, Georgia

Where to Get an SBA Loan Georgia