Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Royston, Georgia Bank for SBA Loans

 

 
Loan Census SBA Loan Info

SBA Loans for Physicians

Looking for SBA loans for physicians? Talk to a banker who works with the SBA. This $764,000 physicians loan was issued by a Georgia bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Royston, Georgia was able to borrow $764,000 from The Buckhead Community Bank. The SBA made the loan possible by guaranteeing $573,000 of this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
ROYSTON, GA 30662

SBA Loan Lender

THE BUCKHEAD COMMUNITY BANK
415 E PACES FERRY RD
ATLANTA, GA 30305

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

12/10/2004

Loan Approval Gross Amount

$764,000

Loan Approval from the SBA

Of the total $764,000 loan amount, the SBA guaranteed $573,000.

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 12 employees. The loan application did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

While you may be able to find business people willing to loan money, 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.

Related Links:

Business Cash Advances

SBA 7A Banks in Atlanta, Georgia

Getting an SBA Loan in Georgia