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April 28, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Atlanta, Business Loans > The Buckhead Community Bank Atlanta Business Loans > Country Inn & Suites Of Norcro Loan | ||||
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The Buckhead Community Bank Franchise Loans
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Loan to Buy Country Inns & Suites Franchise Issued By The Buckhead Community BankBorrowing money to buy a Country Inns & Suites franchise? The Buckhead Community Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Norcross, Georgia needed money to invest in a Country Inns & Suites franchise back in 2006. The Buckhead Community Bank issued an SBA franchise loan. Here are the details on this Georgia small business loan. SBA Loan Borrower COUNTRY INN & SUITES OF NORCRO SBA Loan Lender THE BUCKHEAD COMMUNITY 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 721110 - Hotels and Motels Loan Approval Date 6/22/2006 Loan Approval Gross Amount $2,000,000 Loan Approval from the SBA Of the total $2,000,000 loan amount, the SBA guaranteed $1,500,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Country Inns & Suites franchise. At the time of the loan, the company had 11 employees. The loan application indicated that the loan would help retain 11 existing jobs. Getting an SBA Loan For Your Business If you have been wondering how do i get money to start a business in Norcross GA, you ought to talk with a local Norcross SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Norcross businesses. 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: Country Inns & Suites by Carlson, Inc. Best Atlanta, Georgia Banks for Small Business
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