Where to Get Capital for Supermarkets and Grocery Stores

Looking for small business loans for supermarkets and grocery stores? An SBA loan may be just what you've been looking for. This $277,000 supermarkets and grocery stores loan was issued by a Georgia bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Thomasville National Bank, out of Thomasville, Georgia. The loan was granted and they received $277,000 to help grow their Pavo, Georgia business.

SBA Loan Borrower

COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
PAVO, GA 31778

SBA Loan Lender

THOMASVILLE NATIONAL BANK
301 N BROAD ST
THOMASVILLE, GA 31792

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445110 - Supermarkets and Grocery Stores

Loan Approval Date

3/2/2001

Loan Approval Gross Amount

$277,000

Loan Approval from the SBA

Of the total $277,000 loan amount, the SBA guaranteed $207,750.

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 10 employees. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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:

Equity Financing

Best Banks for Small Business in Thomasville, Georgia

SBA Participating Banks in Georgia