Loan Census Banking News and Information
April 27, 2024  
 
 
  Business Loan Information  
 

Duluth, Georgia Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Rbc Centura Bank Provides SBA Loan to Buy Philly Connection Franchise

Borrowing money to invest in a Philly Connection franchise? Rbc Centura Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Philly Connection franchise? If so, here's a 2001 SBA franchise loan that you should know about. Rbc Centura Bank was the lender and the entrepreneur was based in Duluth, Georgia.

SBA Loan Borrower

PHILLY CONNECTION
DULUTH, GA 30155

SBA Loan Lender

RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
ATLANTA, GA 30305

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

2/27/2001

Loan Approval Gross Amount

$99,500

Loan Approval from the SBA

Of the total $99,500 loan amount, the SBA guaranteed $84,575.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Philly Connection franchise. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Rbc Centura Bank and they will explain how you can get an SBA loan for your company.

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:

Small Business Credit Cards

Small Business Banks in Atlanta, Georgia

SBA Georgia Lenders