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May 3, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Cordele, Business Loans > Plantersfirst Cordele Business Loans > Drinking Places Loan | ||||
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Banks Doing SBA Loans in Georgia
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Cordele, Georgia Bank Gives SBA Loan to Drinking Places CompanyThinking about meeting with a Cordele, Georgia bank about an SBA loan? Here's one Georgia business loan, issued by a Cordele bank, that was approved by the SBA. Applying for an SBA loan with Plantersfirst worked out well for our friends at one local company in Cordele, Georgia. They got an SBA loan for $83,760. Great job! SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender PLANTERSFIRST This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722410 - Drinking Places Loan Approval Date 6/15/2005 Loan Approval Gross Amount $83,760 Loan Approval from the SBA Of the total $83,760 loan amount, the SBA guaranteed $71,196. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees. 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. This SBA loan was for $83,760. How would you spend $83,760 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: How Much Venture Capital Is There? SBA Participating Banks in Cordele, Georgia
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