Rbc Centura Bank SBA Loan to Transportation Services Company
Looking to get a Georgia SBA loan? Here's one Georgia business loan that was approved by the SBA.
This local small business knew how to go about getting a business bank loan. Based in Mableton, Georgia, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Rbc Centura Bank, based in Atlanta, Georgia.
SBA Loan Borrower
COMPANY TYPE: TRANSPORTATION SERVICES
MABLETON, GA 30126
SBA Loan Lender
RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
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.
SIC Code
4789 - Transportation Services
Loan Approval Date
9/12/2000
Loan Approval Gross Amount
$542,000
Loan Approval from the SBA
Of the total $542,000 loan amount, the SBA guaranteed $406,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 90 employees. This SBA loan request indicated that the loan would help generate 15 new jobs and retain 105 existing jobs.
Next Steps for Getting an SBA Loan
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.
We can help you find the best banks for small businesses in Mableton 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:
SBIR Funding
Banks in Atlanta, Georgia
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