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April 29, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Brunswick, Business Loans > The Coastal Bank Of Georgia Brunswick Business Loans > Retail Stores Loan | ||||
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Get a Small Business Loan in St. Mary's, Georgia
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St. Mary's, Georgia Entrepreneur Gets a Business LoanGeorgiaSmall business loans are available to Georgia small business owners through the SBA. In this case, a Georgia bank provides the loan. Getting a small business loan in St. Mary's, Georgia was a top priority for this small company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from The Coastal Bank Of Georgia. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: RETAIL STORES SBA Loan Lender THE COASTAL BANK OF GEORGIA This SBA 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 5999 - Retail Stores Loan Approval Date 6/27/2000 Loan Approval Gross Amount $209,645 Loan Approval from the SBA Of the total $209,645 loan amount, the SBA guaranteed $157,234. 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 4 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan 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. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from The Coastal Bank Of Georgia so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: SBA Approved Banks in Brunswick, Georgia Getting an SBA Loan in Georgia
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