Thomasville, Georgia Bank Lends Money to Full-Service Restaurants Company in Thomasville, Georgia
Want to talk with a Thomasville, Georgia bank about a small business loan? Here's one Georgia business loan, issued by a Thomasville bank, that was approved by the SBA.
Applying for an SBA loan with Thomasville National Bank worked out well for our friends at one local company in Thomasville, Georgia. The business was able to get an SBA loan for $239,600. Awesome!
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
THOMASVILLE, GA 31792
SBA Loan Lender
THOMASVILLE NATIONAL BANK
301 N BROAD ST
THOMASVILLE, GA 31792
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 commercial loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
4/17/2001
Loan Approval Gross Amount
$239,600
Loan Approval from the SBA
Of the total $239,600 loan amount, the SBA guaranteed $179,700.
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 20 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Thomasville 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.
Related Links:
Microlending as a Small Business Funding Source
SBA Approved Banks in Thomasville, Georgia
SBA Participating Banks in Georgia