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April 19, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > Atmore, Business Loans > United Bank Atmore Business Loans > Airport Operations Loan | ||||
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SBA Lenders in Alabama
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United Bank SBA Loan to Airport Operations CompanyUnited Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how an Alabama entrepreneur was able to get a loan to take a small business to the next level. Getting a small business loan in Bay Minette, Alabama was an essential business goal for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from United Bank, operating out of Atmore, Alabama. Here are the details on this Alabama small business loan. SBA Loan Borrower COMPANY TYPE: AIRPORT OPERATIONS SBA Loan Lender UNITED BANK This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 488119 - Airport Operations Loan Approval Date 6/28/2007 Loan Approval Gross Amount $104,000 Loan Approval from the SBA Of the total $104,000 loan amount, the SBA guaranteed $88,400. 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 5 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. 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 $104,000 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: Obtaining Funding - Getting Venture Capital Best Banks for Small Business in Atmore, Alabama
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