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December 19, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Atlanta, Business Loans > Cornerstonebank Atlanta Business Loans > Fabricated Pipe And Pipe Fitting Manufacturing Loan | ||||
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Examples of Lithonia SBA Loans
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Fabricated Pipe and Pipe Fitting Manufacturing Bank LoansLooking for bank loans for fabricated pipe and pipe fitting manufacturing? Talk to a banker who works with the SBA. This $187,500 fabricated pipe and pipe fitting manufacturing loan was issued by a Georgia bank. This small firm knew how to go about getting a business bank loan. Based in Lithonia, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Cornerstonebank, based in Atlanta, Georgia. SBA Loan Borrower COMPANY TYPE: FABRICATED PIPE AND PIPE FITTING MANUFACTURING SBA Loan Lender CORNERSTONEBANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 332996 - Fabricated Pipe and Pipe Fitting Manufacturing Loan Approval Date 6/16/2006 Loan Approval Gross Amount $187,500 Loan Approval from the SBA Of the total $187,500 loan amount, the SBA guaranteed $140,625. 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 19 employees. The SBA loan application for the borrower indicated that the loan would help retain 19 existing jobs. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $187,500 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Microlending as a Small Business Funding Source Who Lends Money to Small Businesses in Atlanta, Georgia
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