Business Loan Center, LLC Gives Bank Loan to Custom Compounding Of Purchased Resins Company
Looking to get a Georgia bank loan? This Georgia entrepreneur got a bank loan, provided by a Virginia bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Wildwood, Georgia by studying this loan to a local company, made back in 2001. Banks like Business Loan Center, LLC may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: CUSTOM COMPOUNDING OF PURCHASED RESINS
WILDWOOD, GA 30757
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
3900 WESTERRE PARKWAY, SUITE
RICHMOND, VA 23233
This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
325991 - Custom Compounding of Purchased Resins
Loan Approval Date
11/15/2001
Loan Approval Gross Amount
$947,000
Loan Approval from the SBA
Of the total $947,000 loan amount, the SBA guaranteed $710,250.
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 55 employees. The loan application indicated that the loan would help retain 55 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $947,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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