Where to Get Capital for Manufactured Home Manufacturing

With these small business loans for manufactured home manufacturing, the SBA guarantees the lender that the loan will be repaid. This manufactured home manufacturing loan for $454,000 was given to a Georgia entrepreneur in 2003.

This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with South Georgia Banking Company, out of Ashburn, Georgia. The loan was granted and they received $454,000 to help grow their Sylvester, Georgia business.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURED HOME MANUFACTURING
SYLVESTER, GA 31791

SBA Loan Lender

SOUTH GEORGIA BANKING COMPANY
561 E WASHINGTON AVE
ASHBURN, GA 31714

This 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

321991 - Manufactured Home Manufacturing

Loan Approval Date

2/4/2003

Loan Approval Gross Amount

$454,000

Loan Approval from the SBA

Of the total $454,000 loan amount, the SBA guaranteed $340,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 18 employees. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. South Georgia Banking Company had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, South Georgia Banking Company made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Advice on Getting a Small Business Loan

SBA 7A Lenders in Ashburn, Georgia

Getting an SBA Loan in Georgia