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May 3, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Atlanta, Business Loans > Atlanta Business Bank Atlanta Business Loans > Physicians Loan | ||||
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Atlanta Business Bank Business Loans Alpharetta, Georgia
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Business Loan from Atlanta Business Bank Given to Physicians CompanyAn SBA loan from Atlanta Business Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Alpharetta, Georgia business owner got a $257,500 loan. This growing company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Atlanta Business Bank, out of Atlanta, Georgia. The loan was granted and they received $257,500 to help grow their Alpharetta, Georgia business. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender ATLANTA BUSINESS BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621111 - Physicians Loan Approval Date 7/11/2003 Loan Approval Gross Amount $257,500 Loan Approval from the SBA Of the total $257,500 loan amount, the SBA guaranteed $193,125. More Information on This SBA Loan The borrower borrowed this money for a new 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 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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:
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