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May 2, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Atlanta, Business Loans > Branch Bank & Trust Atlanta Business Loans > Intermediate Care Facilities Loan | ||||
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Best Banks That Lend to Georgia Business Owners
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Growing Company Gets a Georgia Business LoanWant a Georgia bank loan? This Georgia entrepreneur got a bank loan, provided by a Georgia bank that works with the SBA to help small business owners. Getting a small business loan in Decatur, Georgia was a top priority for this loan applicant back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Branch Bank & Trust. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: INTERMEDIATE CARE FACILITIES SBA Loan Lender BRANCH BANK & TRUST This loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8052 - Intermediate Care Facilities NAICS Code 623110 - Nursing Care Facilities Loan Approval Date 4/12/2000 Loan Approval Gross Amount $1,000,000 Loan Approval from the SBA Of the total $1,000,000 loan amount, the SBA guaranteed $750,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 20 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Branch Bank & Trust that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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 - Getting Venture Capital Best Banks in Atlanta, Georgia
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