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November 15, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Mableton, Business Loans > Georgia State Bank Mableton Business Loans > Wood Product Manufacturing Loan | ||||
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Georgia State Bank SBA Loan Mableton, GA
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Georgia State Bank SBA Loan to Wood Product Manufacturing CompanyAn SBA loan from Georgia State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Mableton, Georgia business owner got a $20,000 loan. This growing company knew how to go about getting a business bank loan. Based in Mableton, Georgia, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Georgia State Bank, based in Mableton, Georgia. SBA Loan Borrower COMPANY TYPE: WOOD PRODUCT MANUFACTURING SBA Loan Lender GEORGIA STATE BANK 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 321999 - Wood Product Manufacturing Loan Approval Date 8/17/2006 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. 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 application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This SBA loan was for $20,000. How would you spend $20,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Who Lends Money to Small Businesses in Mableton, Georgia
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