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April 28, 2024  
 
 
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Loan Census SBA Loan Info

Brunswick, Georgia Bank Lends Money to Sporting Goods Stores Company in Brunswick, Georgia

Want to talk with a Brunswick, Georgia bank about a business loan? Here's one Georgia business loan, issued by a Brunswick bank, that was approved by the SBA.

Applying for an SBA loan with The Coastal Bank Of Georgia worked out well for our friends at one local business in Brunswick, Georgia. They received an SBA loan for $376,000. Nice!

SBA Loan Borrower

COMPANY TYPE: SPORTING GOODS STORES
BRUNSWICK, GA 31520

SBA Loan Lender

THE COASTAL BANK OF GEORGIA
1500 NEWCASTLE ST
BRUNSWICK, GA 31520

This 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

451110 - Sporting Goods Stores

Loan Approval Date

9/14/2004

Loan Approval Gross Amount

$376,000

Loan Approval from the SBA

Of the total $376,000 loan amount, the SBA guaranteed $282,000.

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 6 employees. The loan application did not indicate that the business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Getting a Small Business Loan

SBA 7A Lenders in Brunswick, Georgia

Georgia SBA 7A Lenders