Rbc Centura Bank Gives Small Business Loan to Child And Youth Services Company
GeorgiaBank loans are available to Georgia firms through the SBA. In this case, a Georgia bank provides the loan.
Getting a small business loan in Rex, Georgia was a top priority for this loan applicant back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Rbc Centura Bank. Here are the details on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: CHILD AND YOUTH SERVICES
REX, GA 30273
SBA Loan Lender
RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
ATLANTA, GA 30305
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
624110 - Child and Youth Services
Loan Approval Date
9/4/2001
Loan Approval Gross Amount
$504,700
Loan Approval from the SBA
Of the total $504,700 loan amount, the SBA guaranteed $378,525.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 13 employees. This SBA loan request indicated that the loan would help retain 13 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Rbc Centura Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
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Small Business Banks in Atlanta, Georgia
Georgia SBA Banks