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December 19, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Valdosta, Business Loans > First St. Bank & Trust - Valdost Valdosta Business Loans > Automotive Body, Paint, And Interior Repair And Maintenance Loan | ||||
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Valdosta Bank Loan
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Valdosta, Georgia Bank Gives SBA Loan to Automotive Body, Paint, And Interior Repair And Maintenance CompanyGet business loans from a Valdosta, Georgia bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. First St. Bank & Trust - Valdost is a Valdosta, Georgia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Georgia company. SBA Loan Borrower COMPANY TYPE: AUTOMOTIVE BODY, PAINT, AND INTERIOR REPAIR AND MAINTENANCE SBA Loan Lender FIRST ST. BANK & TRUST - VALDOST SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811121 - Automotive Body, Paint, and Interior Repair and Maintenance Loan Approval Date 2/11/2004 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $56,250. 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 12 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First St. Bank & Trust - Valdost had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First St. Bank & Trust - Valdost made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: How Much Venture Capital Is There? SBA 7A Banks for Valdosta, Georgia Loans
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