Loan Census Banking News and Information
May 1, 2024  
 
 
  Business Loan Information  
 

Banks in Lawrenceville, Georgia That Make SBA Loans

 

 
Loan Census SBA Loan Info

Lawrenceville, Georgia Bank Lends Money to Child Day Care Services Company in Loganville, Georgia

Thinking about meeting with a Lawrenceville, Georgia bank about a small business loan? Here's one Georgia business loan, issued by a Lawrenceville bank, that was approved by the SBA.

Applying for an SBA loan with First Charter Bank worked out well for our friends at one local firm in Loganville, Georgia. They got an SBA loan for $1,489,800. Sweet!

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
LOGANVILLE, GA 30052

SBA Loan Lender

FIRST CHARTER BANK
165 NASH ST
LAWRENCEVILLE, GA 30045

This SBA loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA delivers a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

1/7/2003

Loan Approval Gross Amount

$1,489,800

Loan Approval from the SBA

Of the total $1,489,800 loan amount, the SBA guaranteed $999,984.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Business Credit Evaluation

Small Bank Loans in Lawrenceville, Georgia

Georgia SBA 7A Lenders