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November 15, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Duluth, Business Loans > Century Security Bank Duluth Business Loans > Full-Service Restaurants Loan | ||||
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Banks Doing SBA Loans in Georgia
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Duluth, Georgia Bank Gives SBA Loan to Full-Service Restaurants CompanyGet to know Duluth, Georgia banks that specialize in business loans and know how to work with entrepreneurs. Century Security Bank is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Senoia, Georgia starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Century Security Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender CENTURY SECURITY BANK 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 722110 - Full-Service Restaurants Loan Approval Date 12/13/2007 Loan Approval Gross Amount $401,000 Loan Approval from the SBA Of the total $401,000 loan amount, the SBA guaranteed $300,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. The SBA loan application for the borrower indicated that the loan would help create 12 new jobs. Start the Process for Getting an SBA Loan Today! If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 Banks for Small Business in Duluth, Georgia
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