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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Atlanta, Business Loans > Georgia Banking Company Atlanta Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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Georgia SBA Lenders
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Atlanta, Georgia Bank Gives SBA Loan to Gasoline Stations With Convenience Stores CompanyFind Atlanta, Georgia banks that specialize in small business loans and know how to work with entrepreneurs. Georgia Banking Company is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Starke, Florida starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Georgia Banking Company. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender GEORGIA BANKING COMPANY This lender issued this commercial loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 8/23/2002 Loan Approval Gross Amount $1,655,000 Loan Approval from the SBA Of the total $1,655,000 loan amount, the SBA guaranteed $999,984. More Information on This SBA Loan The borrower borrowed this money for a new 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 6 employees. The loan application did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. This SBA loan was for $1,655,000. How would you spend $1,655,000 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. Related Links: Raising VC Money for Social Networking Companies
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