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April 28, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Charlotte, Business Loans > Bank Of America Charlotte Business Loans > Wholesale Trade Agents And Brokers Loan | ||||
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How to Get SBA Loans in Fayetteville, Georgia
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Financing for Wholesale Trade Agents and BrokersWith these loans for wholesale trade agents and brokers, the SBA guarantees the lender that the loan will be repaid. This wholesale trade agents and brokers loan for $10,000 was given to a Georgia entrepreneur in 2004. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fayetteville, Georgia was able to borrow $10,000 from Bank Of America. The SBA made the loan possible by guaranteeing $5,000 of this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: WHOLESALE TRADE AGENTS AND BROKERS SBA Loan Lender BANK OF AMERICA 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 425120 - Wholesale Trade Agents and Brokers Loan Approval Date 10/8/2004 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $5,000. 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 application for the borrower did not indicate that the business planned to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: The Friends and Family Network SBA Banks in Charlotte, North Carolina Browse All Business Loan Sources for North Carolina
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