Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

Valdosta, Georgia SBA Banks

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Valdosta, Georgia Bank to Get an SBA Loan

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

Applying for an SBA loan with Guardian Bank worked out well for our friends at one local firm in Valdosta, Georgia. They received an SBA loan for $172,000. Great job!

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT ARCADES
VALDOSTA, GA 31602

SBA Loan Lender

GUARDIAN BANK
701 WILDWOOD PLANTATION DR
VALDOSTA, GA 31602

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide debt financing to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713120 - Amusement Arcades

Loan Approval Date

9/19/2007

Loan Approval Gross Amount

$172,000

Loan Approval from the SBA

Of the total $172,000 loan amount, the SBA guaranteed $129,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 14 employees. This SBA loan request indicated that the loan would help retain 14 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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.

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