Georgia Small Business Loan Issued to Computer Related Services Company
GeorgiaBank loans are available to Georgia firms through the SBA. In this case, a Georgia bank provides the loan.
This small business, based in Sugar Hill, Georgia, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Quantum National Bank. We've got the inside scoop on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER RELATED SERVICES
SUGAR HILL, GA 30518
SBA Loan Lender
QUANTUM NATIONAL BANK
505 PEACHTREE IND BLVD
SUWANEE, GA 30024
This lender provides SBA 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
541519 - Computer Related Services
Loan Approval Date
12/13/2007
Loan Approval Gross Amount
$438,000
Loan Approval from the SBA
Of the total $438,000 loan amount, the SBA guaranteed $328,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 7 new jobs and retain 9 existing jobs.
Next Steps for Getting an SBA Loan
If you are wondering how to raise money for a company in Sugar Hill GA, you ought to talk with a local Sugar Hill SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sugar Hill businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Quantum National Bank and they will explain how you can get an SBA loan for your company.
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:
Borrowing Money from Friends and Family
Banks in Suwanee, Georgia
Georgia SBA 7A Banks