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December 19, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Douglas, Business Loans > First National Bank - Coffee Cnty Douglas Business Loans > Grocery Stores Loan | ||||
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Georgia Bank SBA Loans
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First National Bank - Coffee Cnty SBA Loan to Grocery Stores CompanyLooking to get a Georgia business loan? Here's one Georgia business loan that was approved by the SBA. This local small business knew how to go about getting a business bank loan. Based in Waycross, Georgia, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was First National Bank - Coffee Cnty, based in Douglas, Georgia. SBA Loan Borrower COMPANY TYPE: GROCERY STORES SBA Loan Lender FIRST NATIONAL BANK - COFFEE CNTY This debt financing was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5411 - Grocery Stores Loan Approval Date 6/7/2000 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First National Bank - Coffee Cnty and they will explain how you can get an SBA loan for your company. 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: Realistic Debt Financing Options Best Douglas, Georgia Banks for Small Business
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