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May 7, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Atlanta, Business Loans > United Commercial Bank Atlanta Business Loans > Gasoline Service Stations Loan | ||||
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Georgia Bank SBA Loans
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United Commercial Bank SBA Loan to Gasoline Service Stations CompanySearching for a Georgia SBA loan? Here's one Georgia business loan that was approved by the SBA. This growing firm needed an SBA business loan in Douglasville, Georgia back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from United Commercial Bank, operating out of Atlanta, Georgia. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: GASOLINE SERVICE STATIONS SBA Loan Lender UNITED COMMERCIAL BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5541 - Gasoline Service Stations Loan Approval Date 7/11/2000 Loan Approval Gross Amount $695,000 Loan Approval from the SBA Of the total $695,000 loan amount, the SBA guaranteed $521,250. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from United Commercial 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: Where to Get an SBA Loan in Atlanta, Georgia
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