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May 1, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Atlanta, Business Loans > Regions Bank Atlanta Business Loans > Metal Service Centers And Metal Merchant Wholesalers Loan | ||||
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Tips for Small Business Owners On Getting a Loan
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Commercial Loans for Metal Service Centers and Metal Merchant WholesalersLooking for commercial loans for metal service centers and metal merchant wholesalers? Talk to a banker who works with the SBA. This $90,000 metal service centers and metal merchant wholesalers loan was issued by a Georgia bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Slidell, Louisiana was able to borrow $90,000 from Regions Bank. The SBA made the loan possible by guaranteeing $76,500 of this Louisiana small business loan. SBA Loan Borrower COMPANY TYPE: METAL SERVICE CENTERS AND METAL MERCHANT WHOLESALERS SBA Loan Lender REGIONS BANK This lender provides SBA 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 423510 - Metal Service Centers and Metal Merchant Wholesalers Loan Approval Date 3/31/2004 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $76,500. 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 indicated that the loan would help generate 3 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We can help you find the best banks for small businesses in Slidell 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: Raising VC Money for Social Networking Companies Find an SBA Lender in Atlanta, Georgia
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