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November 21, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Eating Places Loan | ||||
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Norcross, Georgia Bank for SBA Loans
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Growing Company Gets a Georgia Bank LoanGeorgiaBank loans are available to Georgia firms through the SBA. In this case, a California bank provides the loan. Getting a small business loan in Norcross, Georgia was a top priority for this loan applicant back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Temecula Valley Bank. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender TEMECULA VALLEY BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 3/8/2002 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 2 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding. We can help you find the best banks for small businesses in Norcross or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Small Business Banks in Temecula, California
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