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May 12, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Atlanta, Business Loans > United Commercial Bank Atlanta Business Loans > Full-Service Restaurants Loan | ||||
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SBA Lenders in Georgia
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Business Loan from United Commercial Bank Given to Full-Service Restaurants CompanyUnited Commercial Bank has a track record as a leading provider of SBA loans. Find out how this Georgia entrepreneur received an SBA loan from them. Getting a small business loan in Atlanta, Georgia was an essential business goal for this firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from United Commercial Bank, operating out of Atlanta, Georgia. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender UNITED COMMERCIAL BANK 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 722110 - Full-Service Restaurants Loan Approval Date 2/8/2002 Loan Approval Gross Amount $312,000 Loan Approval from the SBA Of the total $312,000 loan amount, the SBA guaranteed $234,000. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 40 employees. This SBA loan request indicated that the loan would help generate 60 new jobs and retain 60 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Find an SBA Lender in Atlanta, Georgia Getting an SBA Loan in Georgia
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