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May 6, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Douglas, Business Loans > First National Bank - Coffee Cnty Douglas Business Loans > Shoe Stores Loan | ||||
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Get an SBA 7A Loan in Valdosta, Georgia
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First National Bank - Coffee Cnty Gives SBA Loan to Shoe Stores CompanyGeorgiaSmall business loans are available to Georgia small business owners through the SBA. In this case, a Georgia bank provides the loan. Getting a small business loan in Valdosta, Georgia was a top priority for this small company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from First National Bank - Coffee Cnty. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: SHOE STORES SBA Loan Lender FIRST NATIONAL BANK - COFFEE CNTY This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 448210 - Shoe Stores Loan Approval Date 6/9/2005 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 only one employee. The loan application indicated that the funding would help generate 4 new jobs. Start the Process for Getting an SBA Loan Today! Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Who Lends Money to Small Businesses in Douglas, Georgia SBA Participating Banks in Georgia
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