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April 28, 2024  
 
 
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SBA Lenders Georgia

 

 
Loan Census SBA Loan Info

Atlanta, Georgia Bank Gives SBA Loan to Child Day Care Services Company

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

Applying for an SBA loan with Sunrise Bank Of Atlanta worked out well for our friends at one local business in Marietta, Georgia. They got an SBA loan for $1,035,000. Great job!

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
MARIETTA, GA 30060

SBA Loan Lender

SUNRISE BANK OF ATLANTA
600 W PEACHTREE ST NW, STE 30
ATLANTA, GA 30308

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide small business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

1/6/2005

Loan Approval Gross Amount

$1,035,000

Loan Approval from the SBA

Of the total $1,035,000 loan amount, the SBA guaranteed $776,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 only one employee. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

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

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Realistic Debt Financing Options

SBA Approved Banks in Atlanta, Georgia

Getting an SBA Loan in Georgia