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May 5, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > New York City, Business Loans > Shinhan Bank America New York City Business Loans > Beer, Wine, And Liquor Stores Loan | ||||
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Raising Money in Oakwood, Georgia With SBA Loans
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Georgia Small Business Loan Issued to Beer, Wine, And Liquor Stores CompanyGeorgiaBusiness loans are available to Georgia business owners through the SBA. In this case, a New York bank provides the loan. By giving the right information to Shinhan Bank America, this Oakwood, Georgia business was able to get an SBA loan. To get this loan, the business owner gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: BEER, WINE, AND LIQUOR STORES SBA Loan Lender SHINHAN BANK AMERICA This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445310 - Beer, Wine, and Liquor Stores Loan Approval Date 5/15/2007 Loan Approval Gross Amount $597,000 Loan Approval from the SBA Of the total $597,000 loan amount, the SBA guaranteed $447,750. 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. This SBA loan request indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money We can help you find the best banks for small businesses in Oakwood or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 New York City, New York Browse All Business Loan Sources for New York
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