 |
 |
December 23, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Georgia Business Loan Sources > Suwanee, Business Loans > Quantum National Bank Suwanee Business Loans > Hotels And Motels Loan | ||||
 |
||||
Quantum National Bank
|
||||
 |
SBA Loan from Quantum National Bank Helps Hotels And Motels CompanyAn SBA loan from Quantum National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Jonesboro, Georgia business owner got a $850,000 loan. This business knew how to go about getting a business bank loan. Based in Jonesboro, Georgia, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Quantum National Bank, based in Suwanee, Georgia. SBA Loan Borrower COMPANY TYPE: HOTELS AND MOTELS SBA Loan Lender QUANTUM NATIONAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 5/1/2002 Loan Approval Gross Amount $850,000 Loan Approval from the SBA Of the total $850,000 loan amount, the SBA guaranteed $637,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 5 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Quantum National Bank 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. Related Links: SBA 7A Banks in Suwanee, Georgia
|
|
||
|
||||
|
|
||||