Georgia Entrepreneur Secures Financing to Buy Fantastic Sam's Franchise

Need money to buy a Fantastic Sam's franchise? Crescent Bank & Trust 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, Crescent Bank & Trust, based in Jasper, Georgia, issued an SBA franchise loan for a Fantastic Sam's franchise in 2005. We've got all the details on this Georgia small business loan.

SBA Loan Borrower

FANTASTIC SAMS
KENNESAW, GA 30152

SBA Loan Lender

CRESCENT BANK & TRUST
7 CARING WAY
JASPER, GA 30143

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

9/16/2005

Loan Approval Gross Amount

$197,500

Loan Approval from the SBA

Of the total $197,500 loan amount, the SBA guaranteed $148,125.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fantastic Sam's franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

If you need money to start a business or need money for an existing business, an SBA loan can be a great funding source

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Fantastic Sams

Business Cash Advances

Best Jasper, Georgia Banks for Small Business

Getting a Business Loan in Georgia