Where to Get Capital for Refrigeration Equipment and Supplies Wholesalers

Looking for small business loans for refrigeration equipment and supplies wholesalers? Try the SBA. This $500,000 refrigeration equipment and supplies wholesalers loan was issued by a Georgia bank.

Getting a small business loan in Sugarhill, Georgia was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Cornerstonebank, operating out of Atlanta, Georgia. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: REFRIGERATION EQUIPMENT AND SUPPLIES WHOLESALERS
SUGARHILL, GA 30518

SBA Loan Lender

CORNERSTONEBANK
2060 MT PARAN RD NW, STE 100
ATLANTA, GA 30327

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide debt financing to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

421740 - Refrigeration Equipment and Supplies Wholesalers

Loan Approval Date

12/5/2002

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 7 employees. This SBA loan request did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you want money for new small business in Sugarhill GA, you ought to talk with a local Sugarhill SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sugarhill businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Cornerstonebank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Business Cash Advances

SBA 7A Banks in Atlanta, Georgia

Getting an SBA Loan in Georgia