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May 5, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Alpharetta, Business Loans > Bank Of North Georgia Alpharetta Business Loans > Offices And Clinics Of Chiropractors Loan | ||||
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Bank Of North Georgia Small Business Peachtree City, GA
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Business Loan from Bank Of North Georgia Given to Offices And Clinics Of Chiropractors CompanyBank Of North Georgia has a track record as a leading provider of SBA loans. Find out how this Georgia entrepreneur received an SBA loan from them. This growing company knew how to go about getting a business bank loan. Based in Peachtree City, Georgia, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Bank Of North Georgia, based in Alpharetta, Georgia. SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS SBA Loan Lender BANK OF NORTH GEORGIA This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8041 - Offices and Clinics of Chiropractors NAICS Code 621310 - Chiropractors Loan Approval Date 12/10/2002 Loan Approval Gross Amount $110,500 Loan Approval from the SBA Of the total $110,500 loan amount, the SBA guaranteed $93,925. 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 3 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We can help you find the best banks for small businesses in Peachtree City 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: Banking Deregulation's Effects on Entrepreneurship Good Banks for Small Business in Alpharetta, Georgia
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