Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Norcross, Georgia Businesses

 

 
Loan Census SBA Loan Info

Computer Peripheral Equipment Manufacturing Loans

Looking for loans for computer peripheral equipment manufacturing? The SBA may be the answer. This $1,176,000 computer peripheral equipment manufacturing loan was issued by a District of Columbia bank.

This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Natl Consumer Cooperative, out of Washington, District of Columbia. The loan was granted and they received $1,176,000 to help grow their Norcross, Georgia business.

SBA Loan Borrower

COMPANY TYPE: COMPUTER PERIPHERAL EQUIPMENT MANUFACTURING
NORCROSS, GA 30071

SBA Loan Lender

NATL CONSUMER COOPERATIVE
601 PENNSYLVANIA AVE, NW, STE
WASHINGTON, DC 20044

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

334119 - Computer Peripheral Equipment Manufacturing

Loan Approval Date

7/18/2007

Loan Approval Gross Amount

$1,176,000

Loan Approval from the SBA

Of the total $1,176,000 loan amount, the SBA guaranteed $882,000.

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 15 employees. The loan application indicated that the loan would help retain 15 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

While you may be able to find other ways to get money to start a business, 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:

Direct Public Offerings

Banks in Washington, District of Columbia

SBA District of Columbia Lenders