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November 14, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Jasper, Business Loans > Crescent Bank & Trust Jasper Business Loans > Personal Services Loan | ||||
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SBA Lender Kennesaw
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Crescent Bank & Trust SBA Loan to Personal Services CompanyCrescent Bank & Trust has a track record as a leading provider of SBA loans. Find out how this Georgia entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kennesaw, Georgia was able to borrow $336,000 from Crescent Bank & Trust. The SBA made the loan possible by guaranteeing $252,000 of this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: PERSONAL SERVICES SBA Loan Lender CRESCENT 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. NAICS Code 812990 - Personal Services Loan Approval Date 6/28/2007 Loan Approval Gross Amount $336,000 Loan Approval from the SBA Of the total $336,000 loan amount, the SBA guaranteed $252,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 4 employees. The loan application indicated that the loan would help retain 4 existing jobs. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Crescent Bank & Trust so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Find an SBA Lender in Jasper, Georgia
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