Stone Mountain, Georgia Entrepreneur Gets a Bank Loan
Want a Georgia SBA loan? This Georgia entrepreneur got an SBA loan, provided by a Georgia bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Stone Mountain, Georgia by studying this loan to a local business, made back in 2003. Banks like The Privatebank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
STONE MOUNTAIN, GA 30083
SBA Loan Lender
THE PRIVATEBANK
3423 PIEDMONT RD NE
ATLANTA, GA 30305
This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
10/29/2003
Loan Approval Gross Amount
$231,000
Loan Approval from the SBA
Of the total $231,000 loan amount, the SBA guaranteed $173,250.
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 only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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