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May 3, 2024  
 
 
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SBA Lenders for Jackson Entrepreneurs

 

 
Loan Census SBA Loan Info

Where to Get Capital for Air-Conditioning and Warm Air Heating Equipment

Looking for small business loans for air-conditioning and warm air heating equipment? The SBA may be the answer. This $1,357,013 air-conditioning and warm air heating equipment loan was issued by a Georgia bank.

This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Omni National Bank, out of Atlanta, Georgia. The loan was granted and they received $1,357,013 to help grow their Jackson, Georgia business.

SBA Loan Borrower

COMPANY TYPE: AIR-CONDITIONING, REFRIGERATION AND HEATING
JACKSON, GA 30233

SBA Loan Lender

OMNI NATIONAL BANK
5 CONCOURSE PKWY, STE 100, QU
ATLANTA, GA 30328

This lender issued this business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3585 - Air-Conditioning, Refrigeration and Heating

NAICS Code

333415 - Air-Conditioning and Warm Air Heating Equipment

Loan Approval Date

8/16/2002

Loan Approval Gross Amount

$1,357,013

Loan Approval from the SBA

Of the total $1,357,013 loan amount, the SBA guaranteed $999,983.

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 46 employees. The loan application did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Omni National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Role of Business Plan When Raising Money

SBA 7A Banks in Atlanta, Georgia

Georgia SBA 7A Lenders