Raising Money for Special Trade Contractors
With these business loans for special trade contractors, the SBA guarantees the lender that the loan will be repaid. This special trade contractors loan for $231,000 was given to a Georgia entrepreneur in 2000.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Winder, Georgia was able to borrow $231,000 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $173,250 of this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: SPECIAL TRADE CONTRACTORS
WINDER, GA 30184
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This lender provides SBA guaranteed business loans 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
235990 - Special Trade Contractors
Loan Approval Date
10/31/2000
Loan Approval Gross Amount
$231,000
Loan Approval from the SBA
Of the total $231,000 loan amount, the SBA guaranteed $173,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 25 employees. The SBA loan documents indicated that the loan would help retain 25 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you want money for new small business in Winder GA, you ought to talk with a local Winder SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Winder businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like U.S. Bank National Association that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Bank Credit Lines
SBA 7A Banks for Cincinnati, Ohio Loans
SBA Ohio Lenders