Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

Austell, Georgia Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Firm Gets a Georgia Business Loan

Would a Georgia small business loan help your small business to grow and prosper? If so, you may want to talk with this California bank, which offers SBA loans to Georgia entrepreneurs.

Getting a small business loan in Austell, Georgia was a top priority for this small company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Borrego Springs Bank. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
Austell, GA 30168

SBA Loan Lender

BORREGO SPRINGS BANK
587 PALM CANYON DR, STE 101
BORREGO SPRINGS, CA 92004

This lender issued this SBA small business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453210 - Office Supplies and Stationery

Loan Approval Date

12/14/2007

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $21,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Austell GA, you ought to talk with a local Austell SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Austell businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? 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.

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