Full-Service Restaurants Commercial Loans

Looking for commercial loans for full-service restaurants? An SBA loan may be just what you've been looking for. This $250,000 full-service restaurants loan was issued by a Georgia bank.

This business knew how to go about getting a business bank loan. Based in Stockbridge, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Haven Trust Bank, based in Duluth, Georgia.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
STOCKBRIDGE, GA 30281

SBA Loan Lender

HAVEN TRUST BANK
6340 SUGARLOAF PKWY, STE 100
DULUTH, GA 30097

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

11/14/2006

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

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 3 employees. This SBA loan request indicated that the loan would help generate 9 new jobs and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Stockbridge GA, you ought to talk with a local Stockbridge SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Stockbridge businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Haven Trust Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Haven Trust Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Small Business Loan

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Georgia SBA 7A Lenders