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April 30, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Atlanta, Business Loans > Rbc Centura Bank Atlanta Business Loans > Horse And Equine Production Loan | ||||
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Business Loans for Alpharetta Entrepreneurs
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Borrowing Money for Horse and Equine ProductionLooking for bank loans for horse and equine production? The SBA may be the answer. This $537,000 horse and equine production loan was issued by a Georgia bank. This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Rbc Centura Bank, out of Atlanta, Georgia. The loan was granted and they received $537,000 to help grow their Alpharetta, Georgia business. SBA Loan Borrower COMPANY TYPE: HORSE AND EQUINE PRODUCTION SBA Loan Lender RBC CENTURA BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 112920 - Horse and Equine Production Loan Approval Date 6/21/2002 Loan Approval Gross Amount $537,000 Loan Approval from the SBA Of the total $537,000 loan amount, the SBA guaranteed $402,750. 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 2 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? 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. Related Links: Realistic Debt Financing Options Best Atlanta, Georgia Banks for Small Business
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