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April 28, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Valdosta, Business Loans > The Park Avenue Bank Valdosta Business Loans > Home Health Care Services Loan | ||||
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SBA 7A Banks for Sparks, Georgia Small Businesses
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Sparks, Georgia Entrepreneur Gets a Bank LoanWould a Georgia small business loan help your small business to grow and prosper? If so, you may want to talk with this Georgia bank, which offers SBA loans to Georgia entrepreneurs. By giving the right information to The Park Avenue Bank, this Sparks, Georgia business was able to get an SBA loan. To get this loan, the loan applicant gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: HOME HEALTH CARE SERVICES SBA Loan Lender THE PARK AVENUE BANK This bank 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 8082 - Home Health Care Services NAICS Code 621610 - Home Health Care Services Loan Approval Date 5/31/2000 Loan Approval Gross Amount $140,000 Loan Approval from the SBA Of the total $140,000 loan amount, the SBA guaranteed $105,000. 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 documents did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding. This SBA loan was for $140,000. How would you spend $140,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Obtaining Funding - How to Borrow Money Small Business Banks in Valdosta, Georgia
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