SBA Loans for Geophysical Surveying and Mapping Services

With these SBA loans for geophysical surveying and mapping services, the SBA guarantees the lender that the loan will be repaid. This geophysical surveying and mapping services loan for $205,000 was given to an Alabama entrepreneur in 2007.

This business knew how to go about getting a business bank loan. Based in Tuscaloosa, Alabama, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was First National Bank - Cent. Alabama, based in Aliceville, Alabama.

SBA Loan Borrower

COMPANY TYPE: GEOPHYSICAL SURVEYING AND MAPPING SERVICES
TUSCALOOSA, AL 35401

SBA Loan Lender

FIRST NATIONAL BANK - CENT. ALABAMA
25 3RD AVE NE
ALICEVILLE, AL 35442

This SBA small business 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

541360 - Geophysical Surveying and Mapping Services

Loan Approval Date

1/26/2007

Loan Approval Gross Amount

$205,000

Loan Approval from the SBA

Of the total $205,000 loan amount, the SBA guaranteed $153,750.

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 23 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $205,000 loan. Remember, where there is a will, there is a way!

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:

Debt Financing

SBA 7A Banks for Aliceville, Alabama Loans

SBA Participating Banks in Alabama