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May 1, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Atlanta, Business Loans > Regions Bank Atlanta Business Loans > Department Stores Loan | ||||
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Banks in Atlanta, Georgia That Make SBA Loans
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Atlanta, Georgia Bank Lends Money to Department Stores Company in Chalmette, LouisianaWant to talk with an Atlanta, Georgia bank about a small business loan? Here's one Louisiana business loan, issued by an Atlanta bank, that was approved by the SBA. Applying for an SBA loan with Regions Bank worked out well for our friends at one local business in Chalmette, Louisiana. They got an SBA loan for $90,000. Great job! SBA Loan Borrower COMPANY TYPE: DEPARTMENT STORES SBA Loan Lender REGIONS BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 452110 - Department Stores Loan Approval Date 8/15/2002 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $76,500. 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 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Regions Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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 SBA Participating Banks in Atlanta, Georgia
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