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November 15, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Athens, Business Loans > Afb&t Athens Business Loans > Child And Youth Services Loan | ||||
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Banks in Georgia
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Financing for Child and Youth ServicesLooking for commercial loans for child and youth services? Try the SBA. This $1,134,000 child and youth services loan was issued by a Georgia bank. This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Afb&t, out of Athens, Georgia. The loan was granted and they received $1,134,000 to help grow their Monroe, Georgia business. SBA Loan Borrower COMPANY TYPE: CHILD AND YOUTH SERVICES SBA Loan Lender AFB&T As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 624110 - Child and Youth Services Loan Approval Date 5/12/2005 Loan Approval Gross Amount $1,134,000 Loan Approval from the SBA Of the total $1,134,000 loan amount, the SBA guaranteed $850,500. 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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 16 new jobs and retain 18 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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 From a Venture Capitalist Who Lends Money to Small Businesses in Athens, Georgia
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