Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Marietta, Georgia Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Raising Money for Services Related to Advertising

Looking for business loans for services related to advertising? Try the SBA. This $230,000 services related to advertising loan was issued by a Georgia bank.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with United Community Bank, out of Marietta, Georgia. The loan was granted and they received $230,000 to help grow their Marietta, Georgia business.

SBA Loan Borrower

COMPANY TYPE: SERVICES RELATED TO ADVERTISING
MARIETTA, GA 30060

SBA Loan Lender

UNITED COMMUNITY BANK
200 CHEROKEE ST
MARIETTA, GA 30060

This lender issued this bank loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541890 - Services Related to Advertising

Loan Approval Date

12/17/2002

Loan Approval Gross Amount

$230,000

Loan Approval from the SBA

Of the total $230,000 loan amount, the SBA guaranteed $172,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 3 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Obtaining Funding - How to Decide How Much to Raise

Best Banks for Small Business in Marietta, Georgia

SBA Lenders in Georgia