Raising Money for Recreational Vehicle Dealers

Looking for business loans for recreational vehicle dealers? The SBA may be the answer. This $381,000 recreational vehicle dealers loan was issued by a Georgia bank.

This small business knew how to go about getting a business bank loan. Based in Gainesville, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Haven Trust Bank, based in Duluth, Georgia.

SBA Loan Borrower

COMPANY TYPE: RECREATIONAL VEHICLE DEALERS
GAINESVILLE, GA 30507

SBA Loan Lender

HAVEN TRUST BANK
6340 SUGARLOAF PKWY, STE 100
DULUTH, GA 30097

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441210 - Recreational Vehicle Dealers

Loan Approval Date

2/25/2004

Loan Approval Gross Amount

$381,000

Loan Approval from the SBA

Of the total $381,000 loan amount, the SBA guaranteed $285,750.

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 8 employees. The loan application indicated that the loan would help generate 1 new job and retain 8 existing jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $381,000. How would you spend $381,000 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.

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