Lawrenceville, Georgia Lender Lends Money to Specialty Trade Contractors Company
Find Lawrenceville, Georgia banks that specialize in small business loans and know how to work with entrepreneurs. United Community Bank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Tucker, Georgia starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from United Community Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
TUCKER, GA 30084
SBA Loan Lender
UNITED COMMUNITY BANK
2230 RIVERSIDE PKWY
LAWRENCEVILLE, GA 30043
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
238990 - Specialty Trade Contractors
Loan Approval Date
10/3/2005
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 10 employees. The loan application indicated that the loan would help retain 10 existing jobs.
Next Steps for Getting an SBA Loan
If you are raising money in Tucker GA, you ought to talk with a local Tucker SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tucker businesses.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Obtaining Funding - How to Borrow Money
SBA 7A Lenders in Lawrenceville, Georgia
Georgia SBA 7A Lenders