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April 28, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Atlanta, Business Loans > Atlanta Business Bank Atlanta Business Loans > Dentists Loan | ||||
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Raising Money in Cumming, Georgia With SBA Loans
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Dentists LoansLooking for loans for dentists? The SBA may be the answer. This $334,000 dentists loan was issued by a Georgia bank. This small firm knew how to go about getting a business bank loan. Based in Cumming, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Atlanta Business Bank, based in Atlanta, Georgia. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender ATLANTA BUSINESS BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621210 - Dentists Loan Approval Date 6/6/2003 Loan Approval Gross Amount $334,000 Loan Approval from the SBA Of the total $334,000 loan amount, the SBA guaranteed $250,500. 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 small business planned to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $334,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Obtaining Funding - How to Decide How Much to Raise Best Banks in Atlanta, Georgia Where to Get an SBA Loan Georgia
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