New Single-Family Housing Construction Loans
With these loans for new single-family housing construction, the SBA guarantees the lender that the loan will be repaid. This new single-family housing construction loan for $325,000 was given to a Georgia entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Warner Robbins, Georgia was able to borrow $325,000 from Plantersfirst. The SBA made the loan possible by guaranteeing $243,750 of this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: NEW SINGLE-FAMILY HOUSING CONSTRUCTION
WARNER ROBBINS, GA 31088
SBA Loan Lender
PLANTERSFIRST
910 GREER ST
CORDELE, GA 31015
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA small business loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
236115 - New Single-Family Housing Construction
Loan Approval Date
8/23/2007
Loan Approval Gross Amount
$325,000
Loan Approval from the SBA
Of the total $325,000 loan amount, the SBA guaranteed $243,750.
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 17 employees. The SBA loan documents indicated that the loan would help retain 17 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to raise money for a company in Warner Robbins GA, you ought to talk with a local Warner Robbins SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Warner Robbins businesses.
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 $325,000 loan. Remember, fight for what you want, and it will be yours!
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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