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April 28, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Savannah, Business Loans > Banksouth Savannah Business Loans > Odom Embroidery & Printing, In Loan | ||||
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SBA 7A Banks for Savnnah, Georgia Business Owners
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Savnnah, GA Entrepreneur Gets SBA Loan to Buy Embroide Me.Com FranchiseNeed a loan to buy an Embroide Me.Com franchise? Banksouth has a history of making these loans and they are guaranteed by the SBA. Embroide Me.Com franchise loans are available to Savnnah, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Banksouth, based in Savannah, Georgia, issued an SBA franchise loan for an Embroide Me.Com franchise in 2004. We've got all the details on this Georgia small business loan. SBA Loan Borrower ODOM EMBROIDERY & PRINTING, IN SBA Loan Lender BANKSOUTH The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide debt financing to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453998 - Store Retailers Loan Approval Date 8/25/2004 Loan Approval Gross Amount $198,000 Loan Approval from the SBA Of the total $198,000 loan amount, the SBA guaranteed $148,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Embroide Me.Com franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great way to raise money Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA Participating Banks in Savannah, Georgia
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