Office Equipment Wholesalers Small Business Loans
Looking for small business loans for office equipment wholesalers? An SBA loan may be just what you've been looking for. This $125,000 office equipment wholesalers loan was issued by a Georgia bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Marietta, Georgia was able to borrow $125,000 from Bank Of North Georgia. The SBA made the loan possible by guaranteeing $93,750 of this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: OFFICE EQUIPMENT
MARIETTA, GA 30062
SBA Loan Lender
BANK OF NORTH GEORGIA
269 ROSWELL ST
MARIETTA, GA 30060
This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5044 - Office Equipment
NAICS Code
421420 - Office Equipment Wholesalers
Loan Approval Date
11/14/2000
Loan Approval Gross Amount
$125,000
Loan Approval from the SBA
Of the total $125,000 loan amount, the SBA guaranteed $93,750.
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 15 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Choosing VC Firms
Good Banks for Small Business in Marietta, Georgia
Georgia SBA 7A Lenders