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April 27, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Atlanta, Business Loans > Cornerstonebank Atlanta Business Loans > Limited-Service Restaurants Loan | ||||
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What Does It Take to Get a Business Loan in Columbus, Georgia?
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Limited-Service Restaurants Bank LoansLooking for bank loans for limited-service restaurants? Try the SBA. This $84,600 limited-service restaurants loan was issued by a Georgia bank. This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Cornerstonebank, out of Atlanta, Georgia. The loan was granted and they received $84,600 to help grow their Columbus, Georgia business. SBA Loan Borrower COMPANY TYPE: LIMITED-SERVICE RESTAURANTS SBA Loan Lender CORNERSTONEBANK 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 722211 - Limited-Service Restaurants Loan Approval Date 2/1/2007 Loan Approval Gross Amount $84,600 Loan Approval from the SBA Of the total $84,600 loan amount, the SBA guaranteed $71,910. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 7 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This SBA loan was for $84,600. How would you spend $84,600 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Borrowing Money from Friends and Family SBA 7A Banks for Atlanta, Georgia Loans
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