Snack Food Manufacturing Commercial Loans

With these commercial loans for snack food manufacturing, the SBA guarantees the lender that the loan will be repaid. This snack food manufacturing loan for $335,802 was given to a Georgia entrepreneur in 2000.

Getting a small business loan in Douglas, Georgia was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from First National Bank - Coffee Cnty, operating out of Douglas, Georgia. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: POTATO CHIPS, CORN CHIPS, AND SIMILAR SNACKS
DOUGLAS, GA 31533

SBA Loan Lender

FIRST NATIONAL BANK - COFFEE CNTY
420 S MADISON AVE
DOUGLAS, GA 31533

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2096 - Potato Chips, Corn Chips, and Similar Snacks

NAICS Code

311919 - Snack Food Manufacturing

Loan Approval Date

5/16/2000

Loan Approval Gross Amount

$335,802

Loan Approval from the SBA

Of the total $335,802 loan amount, the SBA guaranteed $251,852.

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 5 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank - Coffee Cnty 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.

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SBA Banks in Douglas, Georgia

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