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November 14, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Providence, Business Loans > Rbs Citizens Providence Business Loans > Amusement And Recreation Industries Loan | ||||
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Lawrenceville, Georgia Bank Loan
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Lawrenceville, Georgia Entrepreneur Gets a Bank LoanGeorgiaSBA loans are available to Georgia entrepreneurs through the SBA. In this case, a Rhode Island bank provides the loan. Getting a small business loan in Lawrenceville, Georgia was a top priority for this particular business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES SBA Loan Lender RBS CITIZENS 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 713990 - Amusement and Recreation Industries Loan Approval Date 4/26/2004 Loan Approval Gross Amount $344,000 Loan Approval from the SBA Of the total $344,000 loan amount, the SBA guaranteed $258,000. 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 7 new jobs and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Who Lends Money to Small Businesses in Providence, Rhode Island
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