Loan Census Banking News and Information
May 3, 2024  
 
 
  Business Loan Information  
 

Pearson, Georgia Bank Loan

 

 
Loan Census SBA Loan Info

Raising Money for Home Health Care Services

Looking for business loans for home health care services? Talk to a banker who works with the SBA. This $25,000 home health care services loan was issued by a Georgia bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Plantersfirst, out of Cordele, Georgia. The loan was granted and they received $25,000 to help grow their Pearson, Georgia business.

SBA Loan Borrower

COMPANY TYPE: HOME HEALTH CARE SERVICES
PEARSON, GA 31643

SBA Loan Lender

PLANTERSFIRST
1620 16TH AVE EAST
CORDELE, GA 31015

This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8082 - Home Health Care Services

NAICS Code

621610 - Home Health Care Services

Loan Approval Date

2/14/2001

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $21,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to add employees or retain any existing employees.

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

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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 $25,000 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:

The Friends and Family Network

Small Business Banks in Cordele, Georgia

SBA Georgia Lenders