Loan Census Banking News and Information
April 28, 2024  
 
 
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Georgia Bank SBA Loans

 

 
Loan Census SBA Loan Info

Atlanta, Georgia Bank Lends Money to Gasoline Stations With Convenience Stores Company in Arrington, Tennessee

Thinking about meeting with an Atlanta, Georgia bank about an SBA loan? Here's one Tennessee business loan, issued by an Atlanta bank, that was approved by the SBA.

Applying for an SBA loan with The Buckhead Community Bank worked out well for our friends at one local firm in Arrington, Tennessee. They received an SBA loan for $1,222,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
ARRINGTON, TN 37014

SBA Loan Lender

THE BUCKHEAD COMMUNITY BANK
415 E PACES FERRY RD
ATLANTA, GA 30305

This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

2/16/2007

Loan Approval Gross Amount

$1,222,000

Loan Approval from the SBA

Of the total $1,222,000 loan amount, the SBA guaranteed $916,500.

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 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This company got an SBA loan. You can too! Maybe you need seed money for 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.

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