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November 15, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Norcross, Business Loans > Fidelity Bank Norcross Business Loans > Fastframe Usa Loan | ||||
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Roswell, Georgia Bank Loan
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Loan to Buy Fast Frame Franchise Issued By Fidelity BankBorrowing money to invest in a Fast Frame franchise? Fidelity Bank has a history of making these loans and they are guaranteed by the SBA. Fast Frame franchise loans are available to Roswell, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Fidelity Bank, based in Norcross, Georgia, issued an SBA franchise loan for a Fast Frame franchise in 2002. We've got all the details on this Georgia small business loan. SBA Loan Borrower FASTFRAME USA SBA Loan Lender FIDELITY BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 442299 - Home Furnishings Stores Loan Approval Date 5/23/2002 Loan Approval Gross Amount $115,000 Loan Approval from the SBA Of the total $115,000 loan amount, the SBA guaranteed $97,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Fast Frame franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 3 existing jobs. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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. Related Links: Best Norcross, Georgia Banks for Small Business
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