Marietta, Georgia Business Gets SBA-Guaranteed Funding from Quantum National Bank
Quantum National Bank has a track record as a leading provider of SBA loans. Find out how this Georgia entrepreneur received an SBA loan from them.
This business knew how to go about getting a business bank loan. Based in Marietta, Georgia, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Quantum National Bank, based in Suwanee, Georgia.
SBA Loan Borrower
COMPANY TYPE: USED HOUSEHOLD AND OFFICE GOODS MOVING
MARIETTA, GA 30067
SBA Loan Lender
QUANTUM NATIONAL BANK
505 PEACHTREE IND BLVD
SUWANEE, GA 30024
This lender provides SBA business 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.
NAICS Code
484210 - Used Household and Office Goods Moving
Loan Approval Date
3/28/2003
Loan Approval Gross Amount
$160,000
Loan Approval from the SBA
Of the total $160,000 loan amount, the SBA guaranteed $120,000.
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 10 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 12 existing jobs.
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SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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:
Obtaining Funding - How to Borrow Money
Who Lends Money to Small Businesses in Suwanee, Georgia
Georgia SBA 7A Lenders