Savannah, Georgia Bank Lends Money to Commercial Printing Company in Savannah, Georgia

A Savannah, Georgia SBA loan can be yours. Learn how a business got a $516,300 business loan from this Georgia bank.

This loan to a local firm is a good example of an SBA loan. Darby Bank & Trust made the loan and the SBA guaranteed a portion of the loan. Many other Georgia entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
SAVANNAH, GA 31406

SBA Loan Lender

DARBY BANK & TRUST
300 BULL ST, STE A, 2ND FL
SAVANNAH, GA 31401

This loan for a small business 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.

SIC Code

2759 - Commercial Printing

NAICS Code

561439 - Business Service Centers

Loan Approval Date

1/5/2001

Loan Approval Gross Amount

$516,300

Loan Approval from the SBA

Of the total $516,300 loan amount, the SBA guaranteed $387,225.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 8 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This SBA loan was for $516,300. How would you spend $516,300 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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