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April 23, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > Atlanta, Business Loans > Regions Bank Atlanta Business Loans > Repair Shops And Related Services Loan | ||||
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SBA Lenders Georgia
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Entrepreneur Works With Atlanta, Georgia Bank to Get an SBA LoanWant to talk with an Atlanta, Georgia bank about an SBA loan? Here's one Alabama business loan, issued by an Atlanta bank, that was approved by the SBA. Applying for an SBA loan with Regions Bank worked out well for our friends at one local business in Calera, Alabama. They received an SBA loan for $50,000. Great job! SBA Loan Borrower COMPANY TYPE: REPAIR SHOPS AND RELATED SERVICES SBA Loan Lender REGIONS BANK This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7699 - Repair Shops and Related Services NAICS Code 811310 - Commercial and Industrial Machinery and Equipment Loan Approval Date 5/10/2001 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. 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 2 employees. The loan application did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a company in Calera AL, you ought to talk with a local Calera SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Calera businesses. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? 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. Related Links: Small Business Banks in Atlanta, Georgia
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