Valdosta, Georgia Bank Gives SBA Loan to Car Washes Company

Get SBA loans from a Valdosta, Georgia bank that knows how to treat small business owners right! If this company 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: CAR WASHES
VALDOSTA, GA 31601

SBA Loan Lender

FIRST ST. BANK & TRUST - VALDOST
3650 INNER PERIMETER RD
VALDOSTA, GA 31602

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

811192 - Car Washes

Loan Approval Date

6/15/2007

Loan Approval Gross Amount

$112,000

Loan Approval from the SBA

Of the total $112,000 loan amount, the SBA guaranteed $56,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. This SBA loan request indicated that the funding would help create 2 new jobs.

Getting an SBA Loan For Your Business

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.

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.

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