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April 28, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Atlanta, Business Loans > Sunrise Bank Of Atlanta Atlanta Business Loans > Medical, Dental And Hospital Equipment Loan | ||||
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SBA 7A Banks for Lithonia, Georgia Business Owners
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Business Loans for Medical, Dental, and Hospital Equipment and Supplies WholesalersWith these business loans for medical, dental, and hospital equipment and supplies wholesalers, the SBA guarantees the lender that the loan will be repaid. This medical, dental, and hospital equipment and supplies wholesalers loan for $373,000 was given to a Georgia entrepreneur in 2002. This business knew how to go about getting a business bank loan. Based in Lithonia, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Sunrise Bank Of Atlanta, based in Atlanta, Georgia. SBA Loan Borrower COMPANY TYPE: MEDICAL, DENTAL AND HOSPITAL EQUIPMENT SBA Loan Lender SUNRISE BANK OF ATLANTA The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5047 - Medical, Dental and Hospital Equipment NAICS Code 421450 - Medical, Dental, and Hospital Equipment and Supplies Wholesalers Loan Approval Date 8/12/2002 Loan Approval Gross Amount $373,000 Loan Approval from the SBA Of the total $373,000 loan amount, the SBA guaranteed $279,750. 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 10 employees. The loan application did not indicate that the company promised to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a company in Lithonia GA, you ought to talk with a local Lithonia SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lithonia businesses. While you may be able to find business people willing to loan money, 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: Small Business Banks in Atlanta, Georgia Where to Get an SBA Loan Georgia
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