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May 11, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Houston, Business Loans > Small Business Loan Source LLC Houston Business Loans > Cut Stone And Stone Product Manufacturing Loan | ||||
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SBA 7A Banks for Elberton, Georgia Business Owners
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Small Business Loans for Cut Stone and Stone Product ManufacturingLooking for small business loans for cut stone and stone product manufacturing? An SBA loan may be just what you've been looking for. This $1,671,000 cut stone and stone product manufacturing loan was issued by a Texas bank. Getting a small business loan in Elberton, Georgia was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Small Business Loan Source LLC, operating out of Houston, Texas. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: CUT STONE AND STONE PRODUCT MANUFACTURING SBA Loan Lender SMALL BUSINESS LOAN SOURCE LLC Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 327991 - Cut Stone and Stone Product Manufacturing Loan Approval Date 4/17/2007 Loan Approval Gross Amount $1,671,000 Loan Approval from the SBA Of the total $1,671,000 loan amount, the SBA guaranteed $1,253,250. 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 66 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 66 existing jobs. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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 7A Lenders in Houston, Texas
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