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May 18, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Winston Salem, Business Loans > Branch Bank & Trust Winston Salem Business Loans > Activities Related To Real Estate Loan | ||||
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Dalton Business Loans from Branch Bank & Trust
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Branch Bank & Trust SBA Loan to Activities Related To Real Estate CompanyBranch Bank & Trust has a track record as a leading provider of SBA loans. Find out how this Georgia entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Dalton, Georgia was able to borrow $30,500 from Branch Bank & Trust. The SBA made the loan possible by guaranteeing $15,250 of this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: ACTIVITIES RELATED TO REAL ESTATE SBA Loan Lender BRANCH BANK & TRUST The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 531390 - Activities Related to Real Estate Loan Approval Date 11/26/2007 Loan Approval Gross Amount $30,500 Loan Approval from the SBA Of the total $30,500 loan amount, the SBA guaranteed $15,250. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 12 new jobs and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? 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 $30,500. How would you spend $30,500 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: Find an SBA Lender in Winston Salem, North Carolina
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