Blairsville, Georgia Lender Lends Money to Water And Sewer Line And Related Structures Construction Company

Get SBA loans from a Blairsville, 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.

United Community Bank is a Blairsville, Georgia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a South Carolina company.

SBA Loan Borrower

COMPANY TYPE: WATER AND SEWER LINE AND RELATED STRUCTURES CONSTRUCTION
ROEBUCK, SC 29376

SBA Loan Lender

UNITED COMMUNITY BANK
59 HWY 515
BLAIRSVILLE, GA 30514

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

237110 - Water and Sewer Line and Related Structures Construction

Loan Approval Date

12/28/2006

Loan Approval Gross Amount

$1,410,000

Loan Approval from the SBA

Of the total $1,410,000 loan amount, the SBA guaranteed $1,057,500.

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 18 employees. The SBA loan application for the borrower indicated that the loan would help retain 18 existing jobs.

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

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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