Stockbridge, GA Entrepreneur Gets SBA Loan to Buy Two Men And A Truck Franchise

Need a loan to buy a Two Men And A Truck franchise? Branch Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Two Men And A Truck franchise may simply require a phone call to a local SBA banker. In 2002, Branch Bank & Trust issued an SBA franchise loan to an entrepreneur in Stockbridge, Georgia. Because Two Men And A Truck was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.

SBA Loan Borrower

TWO MEN AND A TRUCK
STOCKBRIDGE, GA 30281

SBA Loan Lender

BRANCH BANK & TRUST
1887 HWY 20 SE
CONYERS, GA 30013

This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4212 - Local Trucking Without Storage

NAICS Code

484210 - Used Household and Office Goods Moving

Loan Approval Date

12/31/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Two Men And A Truck franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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 $150,000 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.

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