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May 4, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Charlotte, Business Loans > Wachovia Bank Charlotte Business Loans > Wood Kitchen Cabinet And Countertop Manufacturing Loan | ||||
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Guyton, Georgia Bank Loan
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Raising Money for Wood Kitchen Cabinet and Countertop ManufacturingWith these business loans for wood kitchen cabinet and countertop manufacturing, the SBA guarantees the lender that the loan will be repaid. This wood kitchen cabinet and countertop manufacturing loan for $247,500 was given to a Georgia entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Guyton, Georgia was able to borrow $247,500 from Wachovia Bank. The SBA made the loan possible by guaranteeing $123,750 of this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: WOOD KITCHEN CABINET AND COUNTERTOP MANUFACTURING SBA Loan Lender WACHOVIA BANK This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 337110 - Wood Kitchen Cabinet and Countertop Manufacturing Loan Approval Date 1/9/2007 Loan Approval Gross Amount $247,500 Loan Approval from the SBA Of the total $247,500 loan amount, the SBA guaranteed $123,750. 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 only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Who Lends Money to Small Businesses in Charlotte, North Carolina
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