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May 5, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Peachtree City, Business Loans > The Bank Of Georgia Peachtree City Business Loans > Plastics Bottle Manufacturing Loan | ||||
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Get SBA Loans from The Bank Of Georgia
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Peachtree City, Georgia Business Gets SBA-Guaranteed Funding from The Bank Of GeorgiaThe Bank Of Georgia is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Georgia entrepreneur who tapped into the power of SBA loans. Getting a small business loan in Peachtree City, Georgia was an essential business goal for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from The Bank Of Georgia, operating out of Peachtree City, Georgia. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: PLASTICS BOTTLE MANUFACTURING SBA Loan Lender THE BANK OF GEORGIA The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide 7A business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 326160 - Plastics Bottle Manufacturing Loan Approval Date 4/20/2005 Loan Approval Gross Amount $935,000 Loan Approval from the SBA Of the total $935,000 loan amount, the SBA guaranteed $701,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. This SBA loan request did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $935,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Advice on Getting a Small Business Loan Who Lends Money to Small Businesses in Peachtree City, Georgia
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