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April 24, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Doraville, Business Loans > First Intercontinental Bank Doraville Business Loans > Full-Service Restaurants Loan | ||||
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Suwanee, Georgia Bank Loan
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Get an SBA Loan for Full-Service RestaurantsLooking for small business loans for full-service restaurants? Try the SBA. This $270,000 full-service restaurants loan was issued by a Georgia bank. Getting a small business loan in Suwanee, Georgia was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from First Intercontinental Bank, operating out of Doraville, Georgia. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender FIRST INTERCONTINENTAL BANK This lender provides SBA small business 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 722110 - Full-Service Restaurants Loan Approval Date 6/14/2005 Loan Approval Gross Amount $270,000 Loan Approval from the SBA Of the total $270,000 loan amount, the SBA guaranteed $202,500. 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 only one employee. The loan application indicated that the loan would help generate 5 new jobs and retain 6 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $270,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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 Banks for Small Business in Doraville, Georgia
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