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

Banks in Suwanee, Georgia That Make SBA Loans

 

 
Loan Census SBA Loan Info

Suwanee, Georgia Lender Lends Money to Beer, Wine, And Liquor Stores Company

Thinking about meeting with a Suwanee, Georgia bank about an SBA loan? Here's one Georgia business loan, issued by a Suwanee bank, that was approved by the SBA.

Applying for an SBA loan with Quantum National Bank worked out well for our friends at one local firm in Marietta, Georgia. They received an SBA loan for $175,000. Great job!

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
MARIETTA, GA 30067

SBA Loan Lender

QUANTUM NATIONAL BANK
505 PEACHTREE IND BLVD
SUWANEE, GA 30024

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

3/18/2005

Loan Approval Gross Amount

$175,000

Loan Approval from the SBA

Of the total $175,000 loan amount, the SBA guaranteed $131,250.

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 borrowed money would help generate 2 new jobs.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Quantum National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

Related Links:

Financing Your Business

SBA Participating Banks in Suwanee, Georgia

Where to Get an SBA Loan Georgia