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May 2, 2024  
 
 
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Loan Census SBA Loan Info

Georgia Entrepreneur Secures Financing to Buy Pro Golf Franchise

Borrowing money to purchase a Pro Golf franchise? Rbc Centura Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Newnan, Georgia needed money to invest in a Pro Golf franchise back in 2003. Rbc Centura Bank issued an SBA franchise loan. Here are the details on this Georgia small business loan.

SBA Loan Borrower

PRO GOLF DISCOUNT OF NEWNAN
NEWNAN, GA 30263

SBA Loan Lender

RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
ATLANTA, GA 30305

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

11/18/2003

Loan Approval Gross Amount

$372,500

Loan Approval from the SBA

Of the total $372,500 loan amount, the SBA guaranteed $279,375.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pro Golf franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 8 existing jobs.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Rbc Centura Bank 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:

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Who Lends Money to Small Businesses in Atlanta, Georgia

Georgia SBA Banks