Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

Macon, Georgia Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Bottled Water Manufacturing Commercial Loans

With these commercial loans for bottled water manufacturing, the SBA guarantees the lender that the loan will be repaid. This bottled water manufacturing loan for $1,800,000 was given to a Georgia entrepreneur in 2005.

This business knew how to go about getting a business bank loan. Based in Macon, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Colonial Bank, based in Dunwoody, Georgia.

SBA Loan Borrower

COMPANY TYPE: BOTTLED WATER MANUFACTURING
MACON, GA 31202

SBA Loan Lender

COLONIAL BANK
4800 ASHFORD DUNWOODY RD
DUNWOODY, GA 30338

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

312112 - Bottled Water Manufacturing

Loan Approval Date

5/11/2005

Loan Approval Gross Amount

$1,800,000

Loan Approval from the SBA

Of the total $1,800,000 loan amount, the SBA guaranteed $1,350,000.

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 39 employees. This SBA loan request indicated that the loan would help retain 38 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Colonial Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Business Line of Credit

Where to Get an SBA Loan in Dunwoody, Georgia

SBA Lenders in Georgia