Loan Census Banking News and Information
May 17, 2024  
 
 
  Business Loan Information  
 

Alpharetta, Georgia SBA 7A Banks

 

 
Loan Census SBA Loan Info

Alpharetta, Georgia Bank Lends Money to Motorcycle, Bicycle, And Parts Manufacturing Company in Alpharetta, Georgia

Get SBA loans from an Alpharetta, Georgia bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Security Bank Of North Fulton is a Alpharetta, Georgia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Georgia company.

SBA Loan Borrower

COMPANY TYPE: MOTORCYCLE, BICYCLE, AND PARTS MANUFACTURING
ALPHARETTA, GA 30004

SBA Loan Lender

SECURITY BANK OF NORTH FULTON
2380 OLD MILTON PKWY
ALPHARETTA, GA 30004

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.

NAICS Code

336991 - Motorcycle, Bicycle, and Parts Manufacturing

Loan Approval Date

4/19/2005

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. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Alpharetta or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Business Incubators

SBA Approved Banks in Alpharetta, Georgia

Getting a Business Loan in Georgia