Lawrenceville, Georgia Business Gets SBA-Guaranteed Funding from Suntrust Bank
Suntrust Bank has a track record as a leading provider of SBA loans. Find out how this Georgia entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lawrenceville, Georgia was able to borrow $22,000 from Suntrust Bank. The SBA made the loan possible by guaranteeing $11,000 of this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: SURVEYING AND MAPPING SERVICES
Lawrenceville, GA 30045
SBA Loan Lender
SUNTRUST BANK
1001 SEMMES AVE, RVW 4323
RICHMOND, VA 23224
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
541370 - Surveying and Mapping Services
Loan Approval Date
5/3/2006
Loan Approval Gross Amount
$22,000
Loan Approval from the SBA
Of the total $22,000 loan amount, the SBA guaranteed $11,000.
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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Suntrust Bank and they will explain how you can get an SBA loan for your company.
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:
Realistic Debt Financing Options
SBA 7A Banks for Richmond, Virginia Loans
Virginia SBA Bank Lenders