 |
 |
February 1, 2025 |
|
|
|
|
||
| Home > Small Business Lenders by State > Georgia Business Loan Sources > Covington, Business Loans > Branch Bank & Trust Covington Business Loans > Convenience Stores Loan | ||||
 |
||||
SBA Lender Lawrenceville Georgia
|
||||
 |
Georgia Bank Loan Issued to Convenience Stores CompanyBusiness loans in Georgia are hard to find these days. We take a look at one Georgia business loan, provided by a Georgia bank, that was approved by the SBA. By giving the right information to Branch Bank & Trust, this Lawrenceville, Georgia business was able to get an SBA loan. To get this loan, the business owner gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: CONVENIENCE STORES SBA Loan Lender BRANCH BANK & TRUST This lender provides SBA loan for small businesses 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 445120 - Convenience Stores Loan Approval Date 1/16/2002 Loan Approval Gross Amount $1,800,000 Loan Approval from the SBA Of the total $1,800,000 loan amount, the SBA guaranteed $999,990. 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 4 new jobs and retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. We've showcased information on this loan to let you know that businesses like yours 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: Family and Friend Investors - Your First Financiers Who Lends Money to Small Businesses in Covington, Georgia SBA Participating Banks in Georgia
|
|
||
|
||||
|
|
||||