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