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May 12, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Jasper, Business Loans > Crescent Bank & Trust Jasper Business Loans > Physicians Loan | ||||
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Raising Money in Woodstock, Georgia With SBA Loans
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Financing for PhysiciansWith these loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $1,687,000 was given to a Georgia entrepreneur in 2006. Getting a small business loan in Woodstock, Georgia was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Crescent Bank & Trust, operating out of Jasper, Georgia. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender CRESCENT BANK & TRUST 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 621111 - Physicians Loan Approval Date 6/7/2006 Loan Approval Gross Amount $1,687,000 Loan Approval from the SBA Of the total $1,687,000 loan amount, the SBA guaranteed $1,265,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This SBA loan was for $1,687,000. How would you spend $1,687,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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:
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