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November 15, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Fairburn, Business Loans > United Community Bank Fairburn Business Loans > Personal Services Loan | ||||
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Fairburn SBA Lenders
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Fairburn, Georgia Bank Gives SBA Loan to Personal Services CompanyA Fairburn, Georgia SBA loan can be yours. Learn how a company got a $589,000 business loan from this Georgia bank. This loan to a local firm is a good example of an SBA loan. United Community Bank made the loan and the SBA guaranteed a portion of the loan. Many other Georgia entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: PERSONAL SERVICES SBA Loan Lender UNITED COMMUNITY BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812990 - Personal Services Loan Approval Date 7/19/2001 Loan Approval Gross Amount $589,000 Loan Approval from the SBA Of the total $589,000 loan amount, the SBA guaranteed $270,940. 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 20 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! 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. We've showcased information on this loan to let you know that businesses like yours 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: Best Banks in Fairburn, Georgia
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