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November 15, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Dallas, Business Loans > Amer Business Lending Inc. Dallas Business Loans > Hotels And Motels Loan | ||||
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Amer Business Lending Inc. Business Loan
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SBA Loan from Amer Business Lending Inc. Helps Hotels And Motels CompanyAmer Business Lending Inc. is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Georgia entrepreneur who tapped into the power of SBA loans. Getting a small business loan in Stone Mountain, Georgia was an essential business goal for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Amer Business Lending Inc., operating out of Dallas, Texas. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: HOTELS AND MOTELS SBA Loan Lender AMER BUSINESS LENDING INC. This lender provides SBA business 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. SIC Code 7011 - Hotels and Motels NAICS Code 721110 - Hotels and Motels Loan Approval Date 5/15/2000 Loan Approval Gross Amount $1,155,000 Loan Approval from the SBA Of the total $1,155,000 loan amount, the SBA guaranteed $749,999. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Determining Proper Capital Structure for a Business
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