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November 15, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > Atlanta, Business Loans > Regions Bank Atlanta Business Loans > Store Retailers Loan | ||||
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Georgia Bank SBA Loans
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Business Loan from Regions Bank Given to Store Retailers CompanyAn SBA loan from Regions Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Marion, South Carolina business owner got a $205,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Marion, South Carolina was able to borrow $205,000 from Regions Bank. The SBA made the loan possible by guaranteeing $153,750 of this South Carolina small business loan. SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender REGIONS BANK This lender provides SBA bank 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 453998 - Store Retailers Loan Approval Date 10/11/2005 Loan Approval Gross Amount $205,000 Loan Approval from the SBA Of the total $205,000 loan amount, the SBA guaranteed $153,750. More Information on This SBA Loan The borrower borrowed this money for a new 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 only one employee. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 3 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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:
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