Atlanta, Georgia Lender Lends Money to Child Day Care Services Company
An Atlanta, Georgia small business loan can be yours. Learn how a company got a $780,000 business loan from this Georgia bank.
This loan to an entrepreneur is a good example of an SBA loan. Rbc Centura Bank made the loan and the SBA guaranteed a portion of the loan. Many other Georgia entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
NEWNAN, GA 30263
SBA Loan Lender
RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
ATLANTA, GA 30305
This lender provides SBA small business 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
624410 - Child Day Care Services
Loan Approval Date
8/1/2006
Loan Approval Gross Amount
$780,000
Loan Approval from the SBA
Of the total $780,000 loan amount, the SBA guaranteed $585,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 9 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 19 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Rbc Centura Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
Equity Financing
Small Bank Loans in Atlanta, Georgia
Getting an SBA Loan in Georgia