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May 4, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Waycross, Business Loans > The Heritage Bank Waycross Business Loans > Computer Maintenance And Repair Loan | ||||
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Waycross, Georgia SBA Lenders
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Waycross, Georgia Bank Lends Money to Computer Maintenance And Repair Company in Waycross, GeorgiaFind Waycross, Georgia banks that specialize in business loans and know how to work with entrepreneurs. The Heritage Bank is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Waycross, Georgia starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from The Heritage Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: COMPUTER MAINTENANCE AND REPAIR SBA Loan Lender THE HERITAGE BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7378 - Computer Maintenance and Repair NAICS Code 811212 - Computer and Office Machine Repair and Maintenance Loan Approval Date 10/5/2001 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 7 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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: SBA 7A Lenders in Waycross, Georgia
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