Business Loan from The Buckhead Community Bank Given to Wood Kitchen Cabinet And Countertop Manufacturing Company
An SBA loan from The Buckhead Community Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Loganville, Georgia business owner got a $1,875,000 loan.
This business knew how to go about getting a business bank loan. Based in Loganville, Georgia, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was The Buckhead Community Bank, based in Atlanta, Georgia.
SBA Loan Borrower
COMPANY TYPE: WOOD KITCHEN CABINET AND COUNTERTOP MANUFACTURING
LOGANVILLE, GA 30052
SBA Loan Lender
THE BUCKHEAD COMMUNITY BANK
415 E PACES FERRY RD
ATLANTA, GA 30305
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
337110 - Wood Kitchen Cabinet and Countertop Manufacturing
Loan Approval Date
8/15/2007
Loan Approval Gross Amount
$1,875,000
Loan Approval from the SBA
Of the total $1,875,000 loan amount, the SBA guaranteed $1,406,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 43 employees. The SBA loan documents indicated that the loan would help retain 43 existing jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We can help you find the best banks for small businesses in Loganville 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.
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