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December 22, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Marietta, Business Loans > Bank Of North Georgia Marietta Business Loans > Special Trade Contractors Loan | ||||
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Bank Of North Georgia Small Business Kennesaw, Georgia
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Kennesaw, Georgia Business Gets SBA-Guaranteed Funding from Bank Of North GeorgiaAn SBA loan from Bank Of North Georgia typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Kennesaw, Georgia business owner got a $1,177,000 loan. This growing company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Bank Of North Georgia, out of Marietta, Georgia. The loan was granted and they received $1,177,000 to help grow their Kennesaw, Georgia business. SBA Loan Borrower COMPANY TYPE: SPECIAL TRADE CONTRACTORS SBA Loan Lender BANK OF NORTH GEORGIA 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 235990 - Special Trade Contractors Loan Approval Date 8/19/2002 Loan Approval Gross Amount $1,177,000 Loan Approval from the SBA Of the total $1,177,000 loan amount, the SBA guaranteed $882,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 35 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This SBA loan was for $1,177,000. How would you spend $1,177,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: SBA 7A Lenders in Marietta, Georgia
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