Loan Census Banking News and Information
April 27, 2024  
 
 
  Business Loan Information  
 

Banks in Atlanta, Georgia That Make SBA Loans

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Atlanta, Georgia Bank to Get an SBA Loan

Thinking about meeting with an Atlanta, Georgia bank about a small business loan? Here's one Georgia business loan, issued by an Atlanta bank, that was approved by the SBA.

Applying for an SBA loan with Rbc Centura Bank worked out well for our friends at one local company in Douglasville, Georgia. The business was able to get an SBA loan for $50,000. Nice!

SBA Loan Borrower

COMPANY TYPE: WRECKING AND DEMOLITION CONTRACTORS
DOUGLASVILLE, GA 30134

SBA Loan Lender

RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
ATLANTA, GA 30305

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

235940 - Wrecking and Demolition Contractors

Loan Approval Date

10/24/2003

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Rbc Centura Bank and they will explain how you can get an SBA loan for your company.

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 Loan

Where to Get an SBA Loan in Atlanta, Georgia

SBA Georgia Banks