Loan Census Banking News and Information
May 10, 2024  
 
 
  Business Loan Information  
 

What Does It Take to Get a Business Loan in Cartersville, Georgia?

 

 
Loan Census SBA Loan Info

Small Business Loans for Management Consulting Services

With these small business loans for management consulting services, the SBA guarantees the lender that the loan will be repaid. This management consulting services loan for $900,000 was given to a Georgia entrepreneur in 2007.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Northwest Bank & Trust, out of Acworth, Georgia. The loan was granted and they received $900,000 to help grow their Cartersville, Georgia business.

SBA Loan Borrower

COMPANY TYPE: MANAGEMENT CONSULTING SERVICES
CARTERSVILLE, GA 30120

SBA Loan Lender

NORTHWEST BANK & TRUST
3891 COBB PKWY
ACWORTH, GA 30101

This lender issued this business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 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

541618 - Management Consulting Services

Loan Approval Date

9/6/2007

Loan Approval Gross Amount

$900,000

Loan Approval from the SBA

Of the total $900,000 loan amount, the SBA guaranteed $675,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Northwest Bank & Trust so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Financing Your Business

Find an SBA Lender in Acworth, Georgia

SBA Georgia Lenders