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May 2, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Statesboro, Business Loans > Queensborough National Bank & Trust Statesboro Business Loans > Poured Concrete Foundation And Structure Contractors Loan | ||||
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Small Business Banks That Lend to Georgia Business Owners
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Local Business Gets a Georgia Business LoanGeorgiaBusiness loans are available to Georgia business owners through the SBA. In this case, a Georgia bank provides the loan. This company, based in Evans, Georgia, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Queensborough National Bank & Trust. We've got the inside scoop on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: POURED CONCRETE FOUNDATION AND STRUCTURE CONTRACTORS SBA Loan Lender QUEENSBOROUGH NATIONAL BANK & TRUST 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 238110 - Poured Concrete Foundation and Structure Contractors Loan Approval Date 12/6/2005 Loan Approval Gross Amount $295,000 Loan Approval from the SBA Of the total $295,000 loan amount, the SBA guaranteed $221,250. 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 2 employees. The SBA loan documents indicated that the borrowed money would help create 6 new jobs. Start the Process for Getting an SBA Loan Today! 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. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Queensborough National Bank & Trust and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: SBA 7A Banks in Statesboro, Georgia
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