Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

How to Get a Business Loan in Doraville, Georgia

 

 
Loan Census SBA Loan Info

Georgia SBA Loan Issued to Painting And Wall Covering Company

Bank loans in Georgia are are few and far betweeen these days. We take a look at one Georgia bank loan, provided by a California bank, that was approved by the SBA.

Getting a small business loan in Doraville, Georgia was a top priority for this loan applicant back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Nara Bank. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: PAINTING AND WALL COVERING
DORAVILLE, GA 30340

SBA Loan Lender

NARA BANK
3731 WILSHIRE BLVD, STE 1000
LOS ANGELES, CA 90010

This lender provides SBA commercial 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

235210 - Painting and Wall Covering

Loan Approval Date

4/4/2002

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Nara Bank 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:

Startup Funding Tip

Where to Get an SBA Loan in Los Angeles, California

California SBA Banks