Loan Census Banking News and Information
April 20, 2024  
 
 
  Business Loan Information  
 

Cumming, Georgia Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Nature's Table Franchise

Need money to invest in a Nature's Table franchise? Mountain State Bank has a history of making these loans and they are guaranteed by the SBA.

Nature's Table franchise loans are available to Cumming, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Mountain State Bank, based in Dawsonville, Georgia, issued an SBA franchise loan for a Nature's Table franchise in 2007. We've got all the details on this Georgia small business loan.

SBA Loan Borrower

NATURE'S TABLE CAFE
CUMMING, GA 30041

SBA Loan Lender

MOUNTAIN STATE BANK
6602 HWY 53 EAST
DAWSONVILLE, GA 30534

This lender issued this commercial loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

8/23/2007

Loan Approval Gross Amount

$278,500

Loan Approval from the SBA

Of the total $278,500 loan amount, the SBA guaranteed $208,875.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Nature's Table franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the borrowed money would help create 4 new jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? 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:

Nature's Table Café

Startup Funding Tip

SBA Banks in Dawsonville, Georgia

SBA Georgia Lenders