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May 16, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Duluth, Business Loans > Haven Trust Bank Duluth Business Loans > Coffee And Tea Manufacturing Loan | ||||
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Haven Trust Bank
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Business Loan from Haven Trust Bank Given to Coffee And Tea Manufacturing CompanyHaven Trust Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Georgia entrepreneur who tapped into the power of SBA loans. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lawrenceville, Georgia was able to borrow $108,500 from Haven Trust Bank. The SBA made the loan possible by guaranteeing $92,225 of this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: COFFEE AND TEA MANUFACTURING SBA Loan Lender HAVEN TRUST BANK 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 311920 - Coffee and Tea Manufacturing Loan Approval Date 1/30/2004 Loan Approval Gross Amount $108,500 Loan Approval from the SBA Of the total $108,500 loan amount, the SBA guaranteed $92,225. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. 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: Accountant's Role in Securing Financing Getting an SBA Loan in Georgia
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