Savannah, Georgia Bank Lends Money to Limited-Service Restaurants Company in Pooler, Georgia

Get business loans from a Savannah, 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.

The Coastal Bank is a Savannah, 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: LIMITED-SERVICE RESTAURANTS
POOLER, GA 31322

SBA Loan Lender

THE COASTAL BANK
27 BULL ST
SAVANNAH, GA 31401

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

722211 - Limited-Service Restaurants

Loan Approval Date

10/28/2005

Loan Approval Gross Amount

$56,530

Loan Approval from the SBA

Of the total $56,530 loan amount, the SBA guaranteed $48,051.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to increase staffing levels 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.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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