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November 21, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Henderson, Business Loans > Washington Mutual Bank Henderson Business Loans > Engineering Services Loan | ||||
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Examples of Stone Mountain SBA Loans
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Business Loans for Engineering ServicesWith these business loans for engineering services, the SBA guarantees the lender that the loan will be repaid. This engineering services loan for $20,000 was given to a Georgia entrepreneur in 2006. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Stone Mountain, Georgia was able to borrow $20,000 from Washington Mutual Bank. The SBA made the loan possible by guaranteeing $10,000 of this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: ENGINEERING SERVICES SBA Loan Lender WASHINGTON MUTUAL BANK The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 541330 - Engineering Services Loan Approval Date 12/27/2006 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. 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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 Banks for Small Business in Henderson, Nevada Getting a Business Loan in Nevada
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