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December 22, 2024  
 
 
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We Needed a Commercial Loan in Trenton, Georgia and We Got One!

 

 
Loan Census SBA Loan Info

Crushed and Broken Limestone Mining Loans

Looking for loans for crushed and broken limestone mining? The SBA may be the answer. This $350,000 crushed and broken limestone mining loan was issued by a Georgia bank.

Getting a small business loan in Trenton, Georgia was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Cohutta Banking Company, operating out of Chatsworth, Georgia. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: CRUSHED AND BROKEN LIMESTONE
TRENTON, GA 30752

SBA Loan Lender

COHUTTA BANKING COMPANY
211 S 3RD AVE
CHATSWORTH, GA 30705

This bank 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.

SIC Code

1422 - Crushed and Broken Limestone

NAICS Code

212312 - Crushed and Broken Limestone Mining

Loan Approval Date

5/8/2002

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $262,500.

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 8 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

This company got an SBA loan. You can too! Maybe you need seed money for a small 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.

Related Links:

Microlending as a Small Business Funding Source

SBA Banks in Chatsworth, Georgia

Find an SBA Lender in Georgia