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November 21, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Dunwoody, Business Loans > Colonial Bank Dunwoody Business Loans > Beer, Wine, And Liquor Stores Loan | ||||
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Dunwoody, Georgia SBA Lenders
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Dunwoody, Georgia Lender Lends Money to Beer, Wine, And Liquor Stores CompanyThinking about meeting with a Dunwoody, Georgia bank about a small business loan? Here's one Georgia business loan, issued by a Dunwoody bank, that was approved by the SBA. Applying for an SBA loan with Colonial Bank worked out well for our friends at one local business in Kennesaw, Georgia. They got an SBA loan for $800,000. Awesome! SBA Loan Borrower COMPANY TYPE: BEER, WINE, AND LIQUOR STORES SBA Loan Lender COLONIAL 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 445310 - Beer, Wine, and Liquor Stores Loan Approval Date 9/17/2003 Loan Approval Gross Amount $800,000 Loan Approval from the SBA Of the total $800,000 loan amount, the SBA guaranteed $600,000. 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 2 employees. The SBA loan documents indicated that the borrowed money would help create 6 new jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Colonial Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: The Friends and Family Network Good Banks for Small Business in Dunwoody, Georgia
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