Banksouth Provides SBA Loan to Buy Stained Glass Overlay Franchise

Need money to invest in a Stained Glass Overlay franchise? Banksouth has a history of making these loans and they are guaranteed by the SBA.

Stained Glass Overlay franchise loans are available to Savannah, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Banksouth, based in Savannah, Georgia, issued an SBA franchise loan for a Stained Glass Overlay franchise in 2004. We've got all the details on this Georgia small business loan.

SBA Loan Borrower

STAINED GLASS OVERLAY
SAVANNAH, GA 31405

SBA Loan Lender

BANKSOUTH
18 W BRYAN ST
SAVANNAH, GA 31401

This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

333298 - Industrial Machinery Manufacturing

Loan Approval Date

9/14/2004

Loan Approval Gross Amount

$109,700

Loan Approval from the SBA

Of the total $109,700 loan amount, the SBA guaranteed $93,245.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Stained Glass Overlay franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the small business 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?

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $109,700 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Stained Glass Overlay

Business Cash Advances

SBA 7A Banks for Savannah, Georgia Loans

Georgia SBA Banks