Store Retailers Small Business Loans
Looking for small business loans for store retailers? An SBA loan may be just what you've been looking for. This $378,500 store retailers loan was issued by a Louisiana bank.
This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Gulf Coast Bank & Trust, out of New Orleans, Louisiana. The loan was granted and they received $378,500 to help grow their Marietta, Georgia business.
SBA Loan Borrower
COMPANY TYPE: STORE RETAILERS
MARIETTA, GA 30080
SBA Loan Lender
GULF COAST BANK & TRUST
200 ST. CHARLES AVE
NEW ORLEANS, LA 70130
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453998 - Store Retailers
Loan Approval Date
11/14/2001
Loan Approval Gross Amount
$378,500
Loan Approval from the SBA
Of the total $378,500 loan amount, the SBA guaranteed $283,875.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $378,500 loan. Remember, if it to be, it is up to me!
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.
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