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November 15, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Marietta, Business Loans > United Community Bank Marietta Business Loans > Child Day Care Services Loan | ||||
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Marietta, Georgia SBA Lenders
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Marietta, Georgia Lender Lends Money to Child Day Care Services CompanyFind Marietta, Georgia banks that specialize in small business loans and know how to work with entrepreneurs. United Community Bank is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Stone Mountain, Georgia starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from United Community Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender UNITED COMMUNITY BANK This debt financing 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 624410 - Child Day Care Services Loan Approval Date 11/8/2001 Loan Approval Gross Amount $446,640 Loan Approval from the SBA Of the total $446,640 loan amount, the SBA guaranteed $334,980. 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 11 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. This SBA loan was for $446,640. How would you spend $446,640 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: Best Marietta, Georgia Banks for Small Business
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