Entrepreneur Works With Vidalia, Georgia Bank to Get an SBA Loan
Get small business loans from a Vidalia, Georgia bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Darby Bank & Trust is a Vidalia, Georgia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Georgia company.
SBA Loan Borrower
COMPANY TYPE: CUT STONE AND STONE PRODUCTS
PALMETTO, GA 30268
SBA Loan Lender
DARBY BANK & TRUST
300 E FIRST ST
VIDALIA, GA 30474
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3281 - Cut Stone and Stone Products
NAICS Code
327991 - Cut Stone and Stone Product Manufacturing
Loan Approval Date
5/31/2002
Loan Approval Gross Amount
$1,900,000
Loan Approval from the SBA
Of the total $1,900,000 loan amount, the SBA guaranteed $988,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 45 employees. The SBA loan documents did not indicate that the business planned to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
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:
Famous Venture Capitalists
Best Vidalia, Georgia Banks for Small Business
SBA Georgia Banks