Marietta, GA Entrepreneur Gets SBA Loan to Buy Case Handyman Services Franchise

Need a loan to purchase a Case Handyman Services franchise? Suntrust Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Marietta, Georgia and are interested in buying a Case Handyman Services franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Suntrust Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

RG&T ENTERPRISES, LLC
Marietta, GA 30107

SBA Loan Lender

SUNTRUST BANK
1001 SEMMES AVE, RVW 4323
RICHMOND, VA 23224

This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

811490 - Personal and Household Goods Repair and Maintenance

Loan Approval Date

10/21/2004

Loan Approval Gross Amount

$90,400

Loan Approval from the SBA

Of the total $90,400 loan amount, the SBA guaranteed $45,200.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Case Handyman Services franchise. At the time of the loan, the company had 7 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Suntrust Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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