Lawrenceville, Georgia Bank Lends Money to Child Day Care Services Company in Loganville, Georgia
Thinking about meeting with a Lawrenceville, Georgia bank about a small business loan? Here's one Georgia business loan, issued by a Lawrenceville bank, that was approved by the SBA.
Applying for an SBA loan with First Charter Bank worked out well for our friends at one local firm in Loganville, Georgia. They got an SBA loan for $1,489,800. Sweet!
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
LOGANVILLE, GA 30052
SBA Loan Lender
FIRST CHARTER BANK
165 NASH ST
LAWRENCEVILLE, GA 30045
This SBA loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA delivers a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
1/7/2003
Loan Approval Gross Amount
$1,489,800
Loan Approval from the SBA
Of the total $1,489,800 loan amount, the SBA guaranteed $999,984.
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. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Business Credit Evaluation
Small Bank Loans in Lawrenceville, Georgia
Georgia SBA 7A Lenders