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December 22, 2024  
 
 
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Raising Money in Macon, Georgia With SBA Loans

 

 
Loan Census SBA Loan Info

Financing for Individual and Family Services

With these commercial loans for individual and family services, the SBA guarantees the lender that the loan will be repaid. This individual and family services loan for $50,000 was given to a Georgia entrepreneur in 2002.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Macon, Georgia was able to borrow $50,000 from Branch Bank & Trust. The SBA made the loan possible by guaranteeing $25,000 of this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: INDIVIDUAL AND FAMILY SERVICES
MACON, GA 31212

SBA Loan Lender

BRANCH BANK & TRUST
200 W 2ND ST
WINSTON SALEM, NC 27101

The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

624190 - Individual and Family Services

Loan Approval Date

4/18/2002

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.

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

SBA loans provide money to small business owners for working capital for other expenses.

We can help you find the best banks for small businesses in Macon 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:

Microlending as a Small Business Funding Source

SBA Participating Banks in Winston Salem, North Carolina

North Carolina SBA Banks