Small Business Loans for Personal Services

Looking for small business loans for personal services? Talk to a banker who works with the SBA. This $154,300 personal services loan was issued by a Georgia bank.

This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Crescent Bank & Trust, out of Jasper, Georgia. The loan was granted and they received $154,300 to help grow their Peachtree City, Georgia business.

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
PEACHTREE CITY, GA 30269

SBA Loan Lender

CRESCENT BANK & TRUST
7 CARING WAY
JASPER, GA 30143

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812990 - Personal Services

Loan Approval Date

8/14/2007

Loan Approval Gross Amount

$154,300

Loan Approval from the SBA

Of the total $154,300 loan amount, the SBA guaranteed $115,725.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

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

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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 Crescent Bank & Trust 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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