Savannah, Georgia Lender Lends Money to Breweries Company
Get SBA loans from a Savannah, Georgia bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Banksouth 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: BREWERIES
SAVANNAH, GA 31405
SBA Loan Lender
BANKSOUTH
18 W BRYAN ST
SAVANNAH, GA 31401
This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
312120 - Breweries
Loan Approval Date
4/16/2004
Loan Approval Gross Amount
$387,865
Loan Approval from the SBA
Of the total $387,865 loan amount, the SBA guaranteed $290,899.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 7 employees. The SBA loan application for the borrower 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
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We can help you find the best banks for small businesses in Savannah or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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