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April 26, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Fernandina Beach, Business Loans > First National Bank - Nassau Cnty Fernandina Beach Business Loans > Freight Transportation Arrangement Loan | ||||
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Raising Money in Pooler, Georgia With SBA Loans
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Pooler, Georgia Entrepreneur Gets a Business LoanGeorgiaSBA loans are available to Georgia entrepreneurs through the SBA. In this case, a Florida bank provides the loan. Getting a small business loan in Pooler, Georgia was a top priority for this particular business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from First National Bank - Nassau Cnty. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: FREIGHT TRANSPORTATION ARRANGEMENT SBA Loan Lender FIRST NATIONAL BANK - NASSAU CNTY 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 488510 - Freight Transportation Arrangement Loan Approval Date 6/13/2003 Loan Approval Gross Amount $540,000 Loan Approval from the SBA Of the total $540,000 loan amount, the SBA guaranteed $405,000. 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 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs. Start the Process for Getting an SBA Loan Today! Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank - Nassau Cnty so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Small Bank Loans in Fernandina Beach, Florida
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