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April 29, 2024  
 
 
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Raising Money in Statesboro, Georgia With SBA Loans

 

 
Loan Census SBA Loan Info

Book Stores Small Business Loans

Looking for small business loans for book stores? An SBA loan may be just what you've been looking for. This $129,258 book stores loan was issued by a Georgia bank.

This company knew how to go about getting a business bank loan. Based in Statesboro, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Farmers & Merchants Bank, based in Statesboro, Georgia.

SBA Loan Borrower

COMPANY TYPE: BOOK STORES
STATESBORO, GA 30458

SBA Loan Lender

FARMERS & MERCHANTS BANK
201 N MAIN ST
STATESBORO, GA 30458

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451211 - Book Stores

Loan Approval Date

12/22/2006

Loan Approval Gross Amount

$129,258

Loan Approval from the SBA

Of the total $129,258 loan amount, the SBA guaranteed $109,869.

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 3 employees. This SBA loan request did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great funding source

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $129,258 loan. Remember, anyone can do it... so why not you?

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:

Business Credit Evaluation

SBA Banks in Statesboro, Georgia

SBA Lenders in Georgia