Woodstock, Georgia Lender Lends Money to Gasoline Service Stations Company
Find Woodstock, Georgia banks that specialize in small business loans and know how to work with entrepreneurs. Community W. Bank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Lakeland, Florida starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Community W. Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: GASOLINE SERVICE STATIONS
LAKELAND, FL 33811
SBA Loan Lender
COMMUNITY W. BANK
665 MOLLY LN, STE 110
WOODSTOCK, GA 30189
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide small business loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5541 - Gasoline Service Stations
NAICS Code
447110 - Gasoline Stations with Convenience Stores
Loan Approval Date
8/14/2002
Loan Approval Gross Amount
$518,000
Loan Approval from the SBA
Of the total $518,000 loan amount, the SBA guaranteed $388,500.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 2 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Community W. Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Community W. Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Advice on Getting a Small Business Loan
Best Woodstock, Georgia Banks for Small Business
SBA Lenders in Georgia