Lavonia, Georgia Bank Lends Money to Iron And Steel Forging Company in Lavonia, Georgia

Get small business loans from a Lavonia, Georgia bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Northeast Georgia Bank is a Lavonia, Georgia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Georgia company.

SBA Loan Borrower

COMPANY TYPE: IRON AND STEEL FORGING
LAVONIA, GA 30553

SBA Loan Lender

NORTHEAST GEORGIA BANK
12461 AUGUSTA RD
LAVONIA, GA 30553

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332111 - Iron and Steel Forging

Loan Approval Date

4/29/2005

Loan Approval Gross Amount

$1,758,185

Loan Approval from the SBA

Of the total $1,758,185 loan amount, the SBA guaranteed $1,318,639.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 58 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a business in Lavonia GA, you ought to talk with a local Lavonia SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lavonia businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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