Get an SBA Loan for Supermarkets and Grocery Stores

Looking for small business loans for supermarkets and grocery stores? An SBA loan may be just what you've been looking for. This $738,000 supermarkets and grocery stores loan was issued by a Georgia bank.

This company knew how to go about getting a business bank loan. Based in Jasper, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Community Bank - Pickens Cnty, based in Jasper, Georgia.

SBA Loan Borrower

COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
JASPER, GA 30143

SBA Loan Lender

COMMUNITY BANK - PICKENS CNTY
15 SAMMY MCGHEE BLVD
JASPER, GA 30143

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445110 - Supermarkets and Grocery Stores

Loan Approval Date

1/16/2004

Loan Approval Gross Amount

$738,000

Loan Approval from the SBA

Of the total $738,000 loan amount, the SBA guaranteed $369,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Community Bank - Pickens Cnty so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Understanding Dilution

SBA 7A Banks in Jasper, Georgia

Georgia SBA Bank Lenders