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May 5, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Lawrenceville, Business Loans > American United Bank Lawrenceville Business Loans > Dentists Loan | ||||
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Getting an SBA Loan in Stockbridge, Georgia
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American United Bank Gives SBA Loan to Dentists CompanySBA loans in Georgia are are few and far betweeen these days. We take a look at one Georgia SBA loan, provided by a Georgia bank, that was approved by the SBA. This small business, based in Stockbridge, Georgia, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from American United Bank. We've got the inside scoop on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender AMERICAN UNITED BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 621210 - Dentists Loan Approval Date 9/19/2006 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 4 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Best Lawrenceville, Georgia Banks for Small Business SBA Participating Banks in Georgia
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