Small Business Loans for Commercial Equipment Merchant Wholesalers
Looking for small business loans for commercial equipment merchant wholesalers? Try the SBA. This $100,000 commercial equipment merchant wholesalers loan was issued by a Georgia bank.
Getting a small business loan in Norcross, Georgia was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Regions Bank, operating out of Atlanta, Georgia. Here are the details on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL EQUIPMENT MERCHANT WHOLESALERS
NORCROSS, GA 30071
SBA Loan Lender
REGIONS BANK
6637 ROSWELL RD
ATLANTA, GA 30328
This lender processed this 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
423440 - Commercial Equipment Merchant Wholesalers
Loan Approval Date
6/16/2004
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.
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Every year, the SBA guarantees over $10 billion for loans just like this one.
We've showcased information on this loan to let you know that businesses like yours 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.
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