Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

SBA Lender Ocilla Georgia

 

 
Loan Census SBA Loan Info

Meat Markets Loans

With these loans for meat markets, the SBA guarantees the lender that the loan will be repaid. This meat markets loan for $78,000 was given to a Georgia entrepreneur in 2003.

This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Community Bank Co - Fitzgerald, out of Fitzgerald, Georgia. The loan was granted and they received $78,000 to help grow their Ocilla, Georgia business.

SBA Loan Borrower

COMPANY TYPE: MEAT AND FISH MARKET
OCILLA, GA 31774

SBA Loan Lender

COMMUNITY BANK CO - FITZGERALD
102 W ROANOKE DR
FITZGERALD, GA 31750

This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5421 - Meat and Fish Market

NAICS Code

445210 - Meat Markets

Loan Approval Date

8/20/2003

Loan Approval Gross Amount

$78,000

Loan Approval from the SBA

Of the total $78,000 loan amount, the SBA guaranteed $66,300.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised 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 are wondering how to raise money for a company in Ocilla GA, you ought to talk with a local Ocilla SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ocilla businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Determining Proper Capital Structure for a Business

SBA 7A Banks in Fitzgerald, Georgia

Georgia SBA Banks