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November 22, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > La Grange, Business Loans > Comm. Bank & Trust - Troup Cnty La Grange Business Loans > Food Service Contractors Loan | ||||
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Banks in La Grange, Georgia That Make SBA Loans
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La Grange, Georgia Bank Lends Money to Food Service Contractors Company in La Grange, GeorgiaWant to talk with a La Grange, Georgia bank about a small business loan? Here's one Georgia business loan, issued by a La Grange bank, that was approved by the SBA. Applying for an SBA loan with Comm. Bank & Trust - Troup Cnty worked out well for our friends at one local business in La Grange, Georgia. They got an SBA loan for $320,000. Way to go! SBA Loan Borrower COMPANY TYPE: FOOD SERVICE CONTRACTORS SBA Loan Lender COMM. BANK & TRUST - TROUP CNTY This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722310 - Food Service Contractors Loan Approval Date 3/8/2002 Loan Approval Gross Amount $320,000 Loan Approval from the SBA Of the total $320,000 loan amount, the SBA guaranteed $240,000. 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 39 employees. The loan application indicated that the loan would help retain 39 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? 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: SBA 7A Banks for La Grange, Georgia Loans
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