Where to Get Capital for Interior Design Services

Looking for SBA loans for interior design services? Talk to a banker who works with the SBA. This $70,200 interior design services loan was issued by a Georgia bank.

This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Regions Bank, out of Atlanta, Georgia. The loan was granted and they received $70,200 to help grow their Mckinney, Texas business.

SBA Loan Borrower

COMPANY TYPE: INTERIOR DESIGN SERVICES
MCKINNEY, TX 75070

SBA Loan Lender

REGIONS BANK
6637 ROSWELL RD
ATLANTA, GA 30328

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541410 - Interior Design Services

Loan Approval Date

2/3/2004

Loan Approval Gross Amount

$70,200

Loan Approval from the SBA

Of the total $70,200 loan amount, the SBA guaranteed $59,670.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

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:

Direct Public Offerings

SBA 7A Banks for Atlanta, Georgia Loans

Georgia SBA Banks