Loan Census Banking News and Information
May 18, 2024  
 
 
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Georgia SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Fort Valley, Georgia Bank Lends Money to Metal Stampings Company in Macon, Georgia

Get small business loans from a Fort Valley, Georgia bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Branch Bank & Trust is a Fort Valley, Georgia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Georgia company.

SBA Loan Borrower

COMPANY TYPE: METAL STAMPINGS
MACON, GA 31088

SBA Loan Lender

BRANCH BANK & TRUST
110 N CAMELLIA BLVD
FORT VALLEY, GA 31030

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3469 - Metal Stampings

Loan Approval Date

6/26/2000

Loan Approval Gross Amount

$51,000

Loan Approval from the SBA

Of the total $51,000 loan amount, the SBA guaranteed $40,800.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Branch Bank & Trust and they will explain how you can get an SBA loan for your company.

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 Participating Banks in Fort Valley, Georgia

Getting a Business Loan in Georgia