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May 2, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Brunswick, Business Loans > Oglethorpe Bank Brunswick Business Loans > Family Clothing Stores Loan | ||||
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Georgia Small Business SBA Loans
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Oglethorpe Bank Gives SBA Loan to Family Clothing Stores CompanySearching for a Georgia small business loan? This Georgia entrepreneur got a small business loan, provided by a Georgia bank that works with the SBA to help small business owners. Getting a small business loan in Brunswick, Georgia was a top priority for this small company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Oglethorpe Bank. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: FAMILY CLOTHING STORES SBA Loan Lender OGLETHORPE BANK This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 448140 - Family Clothing Stores Loan Approval Date 5/18/2005 Loan Approval Gross Amount $132,925 Loan Approval from the SBA Of the total $132,925 loan amount, the SBA guaranteed $112,986. 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 3 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: SBA 7A Lenders in Brunswick, Georgia
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