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May 4, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Valdosta, Business Loans > First St. Bank & Trust - Valdost Valdosta Business Loans > Refrigerated Warehousing And Storage Loan | ||||
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Georgia Bank SBA Loans
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Entrepreneur Works With Valdosta, Georgia Bank to Get an SBA LoanA Valdosta, Georgia business loan can be yours. Learn how a company got a $960,000 business loan from this Georgia bank. This loan to an entrepreneur is a good example of an SBA loan. First St. Bank & Trust - Valdost made the loan and the SBA guaranteed a portion of the loan. Many other Florida entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: REFRIGERATED WAREHOUSING AND STORAGE SBA Loan Lender FIRST ST. BANK & TRUST - VALDOST The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide 7A business loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 493120 - Refrigerated Warehousing and Storage Loan Approval Date 7/15/2003 Loan Approval Gross Amount $960,000 Loan Approval from the SBA Of the total $960,000 loan amount, the SBA guaranteed $720,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to hire new employees or retain any existing employees. 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. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First St. Bank & Trust - Valdost are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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 Valdosta, Georgia
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