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April 27, 2024  
 
 
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Georgia Small Business Funding

 

 
Loan Census SBA Loan Info

Business Loans for Convenience Stores

Looking for business loans for convenience stores? Talk to a banker who works with the SBA. This $620,000 convenience stores loan was issued by a Georgia bank.

Getting a small business loan in Marietta, Georgia was important for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Atlanta Business Bank, operating out of Atlanta, Georgia. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
MARIETTA, GA 30067

SBA Loan Lender

ATLANTA BUSINESS BANK
5660 NEW NORTHSIDE DR, STE 20
ATLANTA, GA 30328

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445120 - Convenience Stores

Loan Approval Date

3/21/2003

Loan Approval Gross Amount

$620,000

Loan Approval from the SBA

Of the total $620,000 loan amount, the SBA guaranteed $465,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Marietta or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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