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May 4, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > New Orleans, Business Loans > Gulf Coast Bank & Trust New Orleans Business Loans > Basic Organic Chemical Manufacturing Loan | ||||
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Business Loans for Fayetteville Businesses
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Basic Organic Chemical Manufacturing Bank LoansLooking for bank loans for basic organic chemical manufacturing? Talk to a banker who works with the SBA. This $722,000 basic organic chemical manufacturing loan was issued by a Louisiana bank. This company knew how to go about getting a business bank loan. Based in Fayetteville, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Gulf Coast Bank & Trust, based in New Orleans, Louisiana. SBA Loan Borrower COMPANY TYPE: BASIC ORGANIC CHEMICAL MANUFACTURING SBA Loan Lender GULF COAST BANK & TRUST As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 325199 - Basic Organic Chemical Manufacturing Loan Approval Date 12/17/2001 Loan Approval Gross Amount $722,000 Loan Approval from the SBA Of the total $722,000 loan amount, the SBA guaranteed $541,500. 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 3 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. 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 Gulf Coast 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: Obtaining Funding From a Venture Capitalist Good Banks for Small Business in New Orleans, Louisiana
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