Carrollton, Georgia Bank Gives SBA Loan to Air Courier Services Company

Thinking about meeting with a Carrollton, Georgia bank about a small business loan? Here's one Georgia business loan, issued by a Carrollton bank, that was approved by the SBA.

Applying for an SBA loan with First National Bank Of Georgia worked out well for our friends at one local company in Whitesburg, Georgia. They received an SBA loan for $76,750. Way to go!

SBA Loan Borrower

COMPANY TYPE: AIR COURIER SERVICES
WHITESBURG, GA 30185

SBA Loan Lender

FIRST NATIONAL BANK OF GEORGIA
201 MAPLE ST
CARROLLTON, GA 30117

This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4513 - Air Courier Services

NAICS Code

492110 - Couriers and Express Delivery Services

Loan Approval Date

1/4/2000

Loan Approval Gross Amount

$76,750

Loan Approval from the SBA

Of the total $76,750 loan amount, the SBA guaranteed $61,400.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank Of Georgia so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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