Borrowing Money for Drywall and Insulation Contractors
Looking for small business loans for drywall and insulation contractors? An SBA loan may be just what you've been looking for. This $17,500 drywall and insulation contractors loan was issued by a North Carolina bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Smithville, Georgia was able to borrow $17,500 from Bank Of America. The SBA made the loan possible by guaranteeing $8,750 of this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: DRYWALL AND INSULATION CONTRACTORS
SMITHVILLE, GA 31787
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
238310 - Drywall and Insulation Contractors
Loan Approval Date
11/8/2005
Loan Approval Gross Amount
$17,500
Loan Approval from the SBA
Of the total $17,500 loan amount, the SBA guaranteed $8,750.
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 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you have been wondering how do i get money to start a business in Smithville GA, you ought to talk with a local Smithville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Smithville businesses.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of America so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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