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May 2, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Douglas, Business Loans > Colony Bank Southeast Douglas Business Loans > Cosmetology And Barber Schools Loan | ||||
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Douglas Lenders
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Douglas, Georgia Bank Gives SBA Loan to Cosmetology And Barber Schools CompanyGet small business loans from a Douglas, Georgia bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Colony Bank Southeast is a Douglas, Georgia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Georgia company. SBA Loan Borrower COMPANY TYPE: COSMETOLOGY AND BARBER SCHOOLS SBA Loan Lender COLONY BANK SOUTHEAST 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 611511 - Cosmetology and Barber Schools Loan Approval Date 4/15/2005 Loan Approval Gross Amount $115,000 Loan Approval from the SBA Of the total $115,000 loan amount, the SBA guaranteed $97,750. 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 documents did not indicate that the small business planned to use the loan proceeds to hire new employees 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. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Colony Bank Southeast 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: Obtaining Funding From a Venture Capitalist Find an SBA Lender in Douglas, Georgia
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