Georgia Bank Loan Issued to Health Practitioners Company

Want a Georgia SBA loan? This Georgia entrepreneur got an SBA loan, provided by a Georgia bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Mairetta, Georgia by studying this loan to a local business, made back in 2004. Banks like First Cherokee State Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: HEALTH PRACTITIONERS
MAIRETTA, GA 30062

SBA Loan Lender

FIRST CHEROKEE STATE BANK
9860 HWY 92
WOODSTOCK, GA 30188

This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621399 - Health Practitioners

Loan Approval Date

5/24/2004

Loan Approval Gross Amount

$298,000

Loan Approval from the SBA

Of the total $298,000 loan amount, the SBA guaranteed $223,500.

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 3 employees. This SBA loan request did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Mairetta GA, you ought to talk with a local Mairetta SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mairetta businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $298,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Borrowing Money from Friends and Family

Good Banks for Small Business in Woodstock, Georgia

Getting an SBA Loan in Georgia