Borrowing Money for Precision Turned Product Manufacturing
Looking for bank loans for precision turned product manufacturing? An SBA loan may be just what you've been looking for. This $315,000 precision turned product manufacturing loan was issued by a Georgia bank.
Getting a small business loan in Lawrenceville, Georgia was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Branch Bank & Trust, operating out of Covington, Georgia. Here are the details on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: PRECISION TURNED PRODUCT MANUFACTURING
LAWRENCEVILLE, GA 30045
SBA Loan Lender
BRANCH BANK & TRUST
1134 CLARK ST
COVINGTON, GA 30326
This lender provides SBA bank loans 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
332721 - Precision Turned Product Manufacturing
Loan Approval Date
4/28/2003
Loan Approval Gross Amount
$315,000
Loan Approval from the SBA
Of the total $315,000 loan amount, the SBA guaranteed $236,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help generate 1 new job and retain 4 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
We can help you find the best banks for small businesses in Lawrenceville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Equity Financing
Best Banks in Covington, Georgia
Georgia SBA Banks