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May 17, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Winston Salem, Business Loans > Wachovia Bank Winston Salem Business Loans > Support Activities For Road Transportation Loan | ||||
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Georgia Small Business SBA Loans
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Georgia Small Business Loan Issued to Support Activities For Road Transportation CompanySearching for a Georgia small business loan? This Georgia entrepreneur got a small business loan, provided by a North Carolina bank that works with the SBA to help small business owners. Getting a small business loan in Cumming, Georgia was a top priority for this small company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Bank. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: SUPPORT ACTIVITIES FOR ROAD TRANSPORTATION SBA Loan Lender WACHOVIA BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 488490 - Support Activities for Road Transportation Loan Approval Date 4/6/2001 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 30 employees. The SBA loan application for the borrower indicated that the loan would help generate 25 new jobs and retain 55 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. 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: SBA Approved Banks in Winston Salem, North Carolina SBA Participating Banks in North Carolina
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