United Community Bank SBA Loan to Engineering Services Company

United Community Bank has a track record as a leading provider of SBA loans. Find out how this Georgia entrepreneur received an SBA loan from them.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Suwanee, Georgia was able to borrow $750,000 from United Community Bank. The SBA made the loan possible by guaranteeing $562,500 of this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: ENGINEERING SERVICES
SUWANEE, GA 30024

SBA Loan Lender

UNITED COMMUNITY BANK
2230 RIVERSIDE PKWY
LAWRENCEVILLE, GA 30043

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541330 - Engineering Services

Loan Approval Date

8/21/2003

Loan Approval Gross Amount

$750,000

Loan Approval from the SBA

Of the total $750,000 loan amount, the SBA guaranteed $562,500.

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 21 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Suwanee GA, you ought to talk with a local Suwanee SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Suwanee businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Financing Your Business

SBA 7A Banks for Lawrenceville, Georgia Loans

Getting an SBA Loan in Georgia