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December 22, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > Atlanta, Business Loans > Regions Bank Atlanta Business Loans > Signs And Advertising Specialties Loan | ||||
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Georgia Bank SBA Loans
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Regions Bank SBA Loan to Signs And Advertising Specialties CompanyWant an Alabama SBA loan? Here's one Alabama business loan that was approved by the SBA. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Meridianville, Alabama was able to borrow $50,000 from Regions Bank. The SBA made the loan possible by guaranteeing $40,000 of this Alabama small business loan. SBA Loan Borrower COMPANY TYPE: SIGNS AND ADVERTISING SPECIALTIES SBA Loan Lender REGIONS BANK 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. SIC Code 3993 - Signs and Advertising Specialties Loan Approval Date 8/7/2000 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $40,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Realistic Debt Financing Options Best Atlanta, Georgia Banks for Small Business Where to Get an SBA Loan Georgia
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