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December 19, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Dunwoody, Business Loans > Branch Bank & Trust Dunwoody Business Loans > Homefurnishings Loan | ||||
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Georgia Bank SBA Loans
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Branch Bank & Trust SBA Loan to Homefurnishings CompanyWant a Georgia business loan? Here's one Georgia business loan that was approved by the SBA. This local small business knew how to go about getting a business bank loan. Based in Kennesaw, Georgia, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Branch Bank & Trust, based in Dunwoody, Georgia. SBA Loan Borrower COMPANY TYPE: HOMEFURNISHINGS SBA Loan Lender BRANCH BANK & TRUST 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. SIC Code 5023 - Homefurnishings Loan Approval Date 5/30/2000 Loan Approval Gross Amount $693,000 Loan Approval from the SBA Of the total $693,000 loan amount, the SBA guaranteed $519,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Kennesaw or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Raising VC Money for Social Networking Companies Best Banks for Small Business in Dunwoody, Georgia
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