Entrepreneur Works With Valdosta, Georgia Bank to Get an SBA Loan
Thinking about meeting with a Valdosta, Georgia bank about a business loan? Here's one Georgia business loan, issued by a Valdosta bank, that was approved by the SBA.
Applying for an SBA loan with Guardian Bank worked out well for our friends at one local firm in Valdosta, Georgia. They received an SBA loan for $172,000. Great job!
SBA Loan Borrower
COMPANY TYPE: AMUSEMENT ARCADES
VALDOSTA, GA 31602
SBA Loan Lender
GUARDIAN BANK
701 WILDWOOD PLANTATION DR
VALDOSTA, GA 31602
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide debt financing to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
713120 - Amusement Arcades
Loan Approval Date
9/19/2007
Loan Approval Gross Amount
$172,000
Loan Approval from the SBA
Of the total $172,000 loan amount, the SBA guaranteed $129,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 14 employees. This SBA loan request indicated that the loan would help retain 14 existing jobs.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? 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:
Understanding Dilution
Good Banks for Small Business in Valdosta, Georgia
Getting a Business Loan in Georgia