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November 21, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Atlanta, Business Loans > Rbc Centura Bank Atlanta Business Loans > Fantastic Sam's Loan | ||||
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Georgia Small Business Funding for Franchises
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Borrow Money to Buy a Fantastic Sam's FranchiseNeed money to buy a Fantastic Sam's franchise? Rbc Centura Bank has a history of making these loans and they are guaranteed by the SBA. Fantastic Sam's franchise loans are available to Kennesaw, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Rbc Centura Bank, based in Atlanta, Georgia, issued an SBA franchise loan for a Fantastic Sam's franchise in 2004. We've got all the details on this Georgia small business loan. SBA Loan Borrower FANTASTIC SAM'S SBA Loan Lender RBC CENTURA 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 812112 - Beauty Salons Loan Approval Date 2/3/2004 Loan Approval Gross Amount $120,000 Loan Approval from the SBA Of the total $120,000 loan amount, the SBA guaranteed $102,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Fantastic Sam's franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. 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 Rbc Centura 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: Who Lends Money to Small Businesses in Atlanta, Georgia SBA Participating Banks in Georgia
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