Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

Banks in Atlanta, Georgia That Make SBA Loans

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Atlanta, Georgia Bank to Get an SBA Loan

Thinking about meeting with an Atlanta, Georgia bank about a business loan? Here's one Florida business loan, issued by an Atlanta bank, that was approved by the SBA.

Applying for an SBA loan with Regions Bank worked out well for our friends at one local company in Panama City, Florida. They got an SBA loan for $116,300. Way to go!

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
PANAMA CITY, FL 32404

SBA Loan Lender

REGIONS BANK
6637 ROSWELL RD
ATLANTA, GA 30328

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

9/18/2002

Loan Approval Gross Amount

$116,300

Loan Approval from the SBA

Of the total $116,300 loan amount, the SBA guaranteed $98,855.

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. This SBA loan request did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Regions Bank and they will explain how you can get an SBA loan for your company.

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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