Branch Bank & Trust Gives Small Business Loan to Nursery And Garden Centers Company
Would a Georgia SBA loan help your business get to the next level? If so, you may want to talk with this Georgia bank, which offers SBA loans to Georgia entrepreneurs.
You can learn something about getting a small business loan in Loganville, Georgia by studying this loan to a local business, made back in 2003. Banks like Branch Bank & Trust may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: NURSERY AND GARDEN CENTERS
LOGANVILLE, GA 30052
SBA Loan Lender
BRANCH BANK & TRUST
1134 CLARK ST
COVINGTON, GA 30326
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
444220 - Nursery and Garden Centers
Loan Approval Date
2/21/2003
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 9 employees. The SBA loan documents indicated that the loan would help retain 9 existing jobs.
Start the Process for Getting an SBA Loan Today!
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.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? 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:
Find Start-Up Capital
SBA Approved Banks in Covington, Georgia
Georgia SBA Banks