Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Jonesboro, Georgia

 

 
Loan Census SBA Loan Info

Loan to Buy Maaco Auto Painting Center Franchise Issued By Haven Trust Bank

Need a loan to purchase a Maaco Auto Painting Center franchise? Haven Trust Bank has a history of making these loans and they are guaranteed by the SBA.

Maaco Auto Painting Center franchise loans are available to Jonesboro, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Haven Trust Bank, based in Duluth, Georgia, issued an SBA franchise loan for a Maaco Auto Painting Center franchise in 2007. We've got all the details on this Georgia small business loan.

SBA Loan Borrower

MAACO COLLISION REPAIR AND AUT
JONESBORO, GA 30236

SBA Loan Lender

HAVEN TRUST BANK
6340 SUGARLOAF PKWY, STE 100
DULUTH, GA 30097

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

811121 - Automotive Body, Paint, and Interior Repair and Maintenance

Loan Approval Date

7/11/2007

Loan Approval Gross Amount

$364,700

Loan Approval from the SBA

Of the total $364,700 loan amount, the SBA guaranteed $273,525.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Maaco Auto Painting Center franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 7 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Haven Trust Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

MAACO Enterprises, Inc.

Banking Deregulation's Effects on Entrepreneurship

Who Lends Money to Small Businesses in Duluth, Georgia

Georgia SBA 7A Banks