Hotels and Motels Loans
Looking for loans for hotels and motels? Try the SBA. This $100,000 hotels and motels loan was issued by a Georgia bank.
Getting a small business loan in Swainsboro, Georgia was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from First St. Bank & Trust - Valdost, operating out of Valdosta, Georgia. Here are the details on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: HOTELS AND MOTELS
SWAINSBORO, GA 30401
SBA Loan Lender
FIRST ST. BANK & TRUST - VALDOST
3650 INNER PERIMETER RD
VALDOSTA, GA 31602
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
721110 - Hotels and Motels
Loan Approval Date
6/3/2005
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $75,000.
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 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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