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April 27, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > New Orleans, Business Loans > Gulf Coast Bank & Trust New Orleans Business Loans > Local Trucking Without Storage Loan | ||||
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Louisiana SBA Lenders
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New Orleans, Louisiana Bank Lends Money to Local Trucking Without Storage Company in Atlanta, GeorgiaFind New Orleans, Louisiana banks that specialize in business loans and know how to work with entrepreneurs. Gulf Coast Bank & Trust is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Atlanta, Georgia starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Gulf Coast Bank & Trust. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: LOCAL TRUCKING WITHOUT STORAGE SBA Loan Lender GULF COAST BANK & TRUST This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4212 - Local Trucking Without Storage Loan Approval Date 8/9/2000 Loan Approval Gross Amount $905,000 Loan Approval from the SBA Of the total $905,000 loan amount, the SBA guaranteed $678,750. 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 23 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 23 existing jobs. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a company in Atlanta GA, you ought to talk with a local Atlanta SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Atlanta businesses. 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 $905,000 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: Determining Proper Capital Structure for a Business Who Lends Money to Small Businesses in New Orleans, Louisiana
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