Business Loan from First Charter Bank Given to Beer, Wine, And Liquor Stores Company

An SBA loan from First Charter Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a La Grange, Georgia business owner got a $1,422,200 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in La Grange, Georgia was able to borrow $1,422,200 from First Charter Bank. The SBA made the loan possible by guaranteeing $1,066,650 of this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
LA GRANGE, GA 30241

SBA Loan Lender

FIRST CHARTER BANK
165 NASH ST
LAWRENCEVILLE, GA 30045

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

7/23/2004

Loan Approval Gross Amount

$1,422,200

Loan Approval from the SBA

Of the total $1,422,200 loan amount, the SBA guaranteed $1,066,650.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $1,422,200. How would you spend $1,422,200 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.

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