Loan Census Banking News and Information
April 28, 2024  
 
 
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Brunswick, Georgia SBA 7A Banks

 

 
Loan Census SBA Loan Info

Brunswick, Georgia Bank Gives SBA Loan to Wood Kitchen Cabinets Company

Get small business loans from a Brunswick, Georgia bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

The Coastal Bank Of Georgia is a Brunswick, Georgia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Georgia company.

SBA Loan Borrower

COMPANY TYPE: WOOD KITCHEN CABINETS
BRUNSWICK, GA 31520

SBA Loan Lender

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

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2434 - Wood Kitchen Cabinets

NAICS Code

337110 - Wood Kitchen Cabinet and Countertop Manufacturing

Loan Approval Date

8/17/2000

Loan Approval Gross Amount

$267,384

Loan Approval from the SBA

Of the total $267,384 loan amount, the SBA guaranteed $200,538.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 9 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like The Coastal Bank Of Georgia and they will explain how you can get an SBA loan for your company.

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:

Borrowing Money from Friends and Family

Banks in Brunswick, Georgia

Getting an SBA Loan in Georgia