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May 5, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Fayetteville, Business Loans > Heritage Bank Fayetteville Business Loans > Structural Steel Erection Loan | ||||
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Fayetteville Bank Loan
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Fayetteville, Georgia Bank Gives SBA Loan to Structural Steel Erection CompanyGet SBA loans from a Fayetteville, Georgia bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Heritage Bank is a Fayetteville, Georgia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Georgia company. SBA Loan Borrower COMPANY TYPE: STRUCTURAL STEEL ERECTION SBA Loan Lender HERITAGE BANK This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1791 - Structural Steel Erection NAICS Code 235910 - Structural Steel Erection Contractors Loan Approval Date 2/7/2000 Loan Approval Gross Amount $500,000 Loan Approval from the SBA Of the total $500,000 loan amount, the SBA guaranteed $375,000. 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 23 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan If you need money to start business in Peachtree City GA, you ought to talk with a local Peachtree City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Peachtree City businesses. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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 Find an SBA Lender in Fayetteville, Georgia
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