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December 22, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Suwanee, Business Loans > Quantum National Bank Suwanee Business Loans > Eating Places Loan | ||||
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Quantum National Bank
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SBA Loan from Quantum National Bank Helps Eating Places CompanyAn SBA loan from Quantum National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Marietta, Georgia business owner got a $80,000 loan. This growing company knew how to go about getting a business bank loan. Based in Marietta, Georgia, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Quantum National Bank, based in Suwanee, Georgia. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender QUANTUM NATIONAL BANK This lender provides SBA 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. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 2/24/2000 Loan Approval Gross Amount $80,000 Loan Approval from the SBA Of the total $80,000 loan amount, the SBA guaranteed $64,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. The loan application indicated that the loan would help retain 12 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This SBA loan was for $80,000. How would you spend $80,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Getting an SBA Loan in Georgia
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