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May 2, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Richmond, Business Loans > Suntrust Bank Richmond Business Loans > Paint And Wallpaper Stores Loan | ||||
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Who Lends Money to Atlanta Small Business Owners
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Georgia SBA Loan Issued to Paint And Wallpaper Stores CompanyLooking to get a Georgia business loan? This Georgia entrepreneur got a business loan, provided by a Virginia bank that works with the SBA to help small business owners. Getting a small business loan in Atlanta, Georgia was a top priority for this SBA-financed company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Suntrust Bank. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: PAINT AND WALLPAPER STORES SBA Loan Lender SUNTRUST BANK The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 444120 - Paint and Wallpaper Stores Loan Approval Date 1/10/2005 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs. Getting an SBA Loan For Your Business If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding. 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: Banking Deregulation's Effects on Entrepreneurship Best Richmond, Virginia Banks for Small Business Where to Get an SBA Loan Virginia
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