Doraville, Georgia Bank Gives SBA Loan to Limited-Service Restaurants Company

Thinking about meeting with a Doraville, Georgia bank about an SBA loan? Here's one Georgia business loan, issued by a Doraville bank, that was approved by the SBA.

Applying for an SBA loan with First Intercontinental Bank worked out well for our friends at one local firm in Suwanee, Georgia. They received an SBA loan for $487,900. Nice!

SBA Loan Borrower

COMPANY TYPE: LIMITED-SERVICE RESTAURANTS
SUWANEE, GA 30024

SBA Loan Lender

FIRST INTERCONTINENTAL BANK
5593 BUFORD HWY
DORAVILLE, GA 30340

This lender provides SBA 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

722211 - Limited-Service Restaurants

Loan Approval Date

10/10/2007

Loan Approval Gross Amount

$487,900

Loan Approval from the SBA

Of the total $487,900 loan amount, the SBA guaranteed $365,925.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start business in Suwanee GA, you ought to talk with a local Suwanee SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Suwanee businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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 Line of Credit

SBA Participating Banks in Doraville, Georgia

SBA Participating Banks in Georgia