Loan Census Banking News and Information
May 14, 2024  
 
 
  Business Loan Information  
 

Georgia SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Dublin, Georgia Bank Lends Money to Furniture Stores Company in Dublin, Georgia

Get to know Dublin, Georgia banks that specialize in SBA loans and know how to work with entrepreneurs. Bank Of Dudley is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Dublin, Georgia starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Bank Of Dudley. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
DUBLIN, GA 31021

SBA Loan Lender

BANK OF DUDLEY
1650 VETERANS BLVD
DUBLIN, GA 31021

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5712 - Furniture Stores

NAICS Code

442299 - Home Furnishings Stores

Loan Approval Date

10/25/2000

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $100,000.

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 22 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? 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:

Famous Venture Capitalists

Small Bank Loans in Dublin, Georgia

Where to Get an SBA Loan Georgia