Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

How to Get an SBA Loan in Wildwood, Georgia

 

 
Loan Census SBA Loan Info

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.

Related Links:

Banking Deregulation's Effects on Entrepreneurship

Best Richmond, Virginia Banks for Small Business

SBA Virginia Banks