Drycleaning and Laundry Services Small Business Loans

Looking for small business loans for drycleaning and laundry services? Talk to a banker who works with the SBA. This $305,500 drycleaning and laundry services loan was issued by a Georgia bank.

This small firm received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with First Intercontinental Bank, out of Doraville, Georgia. The loan was granted and they received $305,500 to help grow their Macon, Georgia business.

SBA Loan Borrower

COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES
MACON, GA 31210

SBA Loan Lender

FIRST INTERCONTINENTAL BANK
5593 BUFORD HWY
DORAVILLE, GA 30340

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812320 - Drycleaning and Laundry Services

Loan Approval Date

1/8/2008

Loan Approval Gross Amount

$305,500

Loan Approval from the SBA

Of the total $305,500 loan amount, the SBA guaranteed $229,125.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 13 employees. The SBA loan documents indicated that the loan would help retain 13 existing jobs.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Macon GA, you ought to talk with a local Macon SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Macon businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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