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April 28, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Atlanta, Business Loans > Atlanta Business Bank Atlanta Business Loans > Physicians, Mental Health Specialists Loan | ||||
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Atlanta Business Bank SBA Loans
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Alpharetta, Georgia Business Gets SBA-Guaranteed Funding from Atlanta Business BankAtlanta Business Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Georgia entrepreneur was able to get a loan to take a small business to the next level. This growing company knew how to go about getting a business bank loan. Based in Alpharetta, Georgia, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Atlanta Business Bank, based in Atlanta, Georgia. SBA Loan Borrower COMPANY TYPE: PHYSICIANS, MENTAL HEALTH SPECIALISTS SBA Loan Lender ATLANTA BUSINESS BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621112 - Physicians, Mental Health Specialists Loan Approval Date 10/26/2005 Loan Approval Gross Amount $553,000 Loan Approval from the SBA Of the total $553,000 loan amount, the SBA guaranteed $414,750. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help create 2 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 Banks in Atlanta, Georgia Getting a Business Loan in Georgia
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