Raising Money for Wood Kitchen Cabinet and Countertop Manufacturing

Looking for business loans for wood kitchen cabinet and countertop manufacturing? An SBA loan may be just what you've been looking for. This $1,254,000 wood kitchen cabinet and countertop manufacturing loan was issued by a Georgia bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Swainsboro, Georgia was able to borrow $1,254,000 from Pineland State Bank. The SBA made the loan possible by guaranteeing $940,500 of this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
SWAINSBORO, GA 30439

SBA Loan Lender

PINELAND STATE BANK
257 N BROAD ST
METTER, GA 30439

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5712 - Furniture Stores

NAICS Code

337110 - Wood Kitchen Cabinet and Countertop Manufacturing

Loan Approval Date

1/29/2001

Loan Approval Gross Amount

$1,254,000

Loan Approval from the SBA

Of the total $1,254,000 loan amount, the SBA guaranteed $940,500.

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 25 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in Swainsboro or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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