Small Business Loans for Poultry and Poultry Product Wholesalers
With these small business loans for poultry and poultry product wholesalers, the SBA guarantees the lender that the loan will be repaid. This poultry and poultry product wholesalers loan for $352,000 was given to a Georgia entrepreneur in 2000.
Getting a small business loan in Stone Mountain, Georgia was important for this growing firm back in 2000 and, based on their loan application, they were successful in getting an SBA loan from United Commercial Bank, operating out of Atlanta, Georgia. Here are the details on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: POULTRY AND POULTRY PRODUCTS
STONE MOUNTAIN, GA 30087
SBA Loan Lender
UNITED COMMERCIAL BANK
4360 CHAMBLEE-DUNWOODY RD
ATLANTA, GA 30341
This lender provides SBA small 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
5144 - Poultry and Poultry Products
NAICS Code
422440 - Poultry and Poultry Product Wholesalers
Loan Approval Date
5/31/2000
Loan Approval Gross Amount
$352,000
Loan Approval from the SBA
Of the total $352,000 loan amount, the SBA guaranteed $264,000.
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 9 employees. This SBA loan request did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into United Commercial Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Direct Public Offerings
Good Banks for Small Business in Atlanta, Georgia
Georgia SBA 7A Banks