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May 6, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Alpharetta, Business Loans > Bank Of North Georgia Alpharetta Business Loans > Lawyers Loan | ||||
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SBA Lenders in Decatur, Georgia
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Decatur, Georgia Business Gets SBA-Guaranteed Funding from Bank Of North GeorgiaAn SBA loan from Bank Of North Georgia typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Decatur, Georgia business owner got a $405,000 loan. This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Bank Of North Georgia, out of Alpharetta, Georgia. The loan was granted and they received $405,000 to help grow their Decatur, Georgia business. SBA Loan Borrower COMPANY TYPE: LAWYERS SBA Loan Lender BANK OF NORTH GEORGIA This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541110 - Lawyers Loan Approval Date 10/23/2001 Loan Approval Gross Amount $405,000 Loan Approval from the SBA Of the total $405,000 loan amount, the SBA guaranteed $303,750. More Information on This SBA Loan The borrower borrowed this money for an existing 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 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We've showcased information on this loan to let you know that businesses like yours 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: Small Business Banks in Alpharetta, Georgia
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