Fresh Fruit and Vegetable Merchant Wholesalers Bank Loans

Looking for bank loans for fresh fruit and vegetable merchant wholesalers? Try the SBA. This $975,000 fresh fruit and vegetable merchant wholesalers loan was issued by a Georgia bank.

Getting a small business loan in Lyons, Georgia was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Altamaha Bank & Trust Company, operating out of Vidalia, Georgia. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: FRESH FRUIT AND VEGETABLE MERCHANT WHOLESALERS
LYONS, GA 30436

SBA Loan Lender

ALTAMAHA BANK & TRUST COMPANY
206 JACKSON ST
VIDALIA, GA 30474

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

424480 - Fresh Fruit and Vegetable Merchant Wholesalers

Loan Approval Date

11/16/2005

Loan Approval Gross Amount

$975,000

Loan Approval from the SBA

Of the total $975,000 loan amount, the SBA guaranteed $731,250.

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 5 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Lyons 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:

Obtaining Funding - How to Borrow Money

Best Banks in Vidalia, Georgia

Where to Get an SBA Loan Georgia