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May 4, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Woodstock, Business Loans > Security Bank Of North Metro Woodstock Business Loans > Packaged Frozen Food Wholesalers Loan | ||||
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Georgia Small Business Funding
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Packaged Frozen Food Wholesalers Commercial LoansLooking for commercial loans for packaged frozen food wholesalers? An SBA loan may be just what you've been looking for. This $231,900 packaged frozen food wholesalers loan was issued by a Georgia bank. This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Security Bank Of North Metro, out of Woodstock, Georgia. The loan was granted and they received $231,900 to help grow their Smyrna, Georgia business. SBA Loan Borrower COMPANY TYPE: PACKAGED FROZEN FOOD WHOLESALERS SBA Loan Lender SECURITY BANK OF NORTH METRO SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 422420 - Packaged Frozen Food Wholesalers Loan Approval Date 11/26/2004 Loan Approval Gross Amount $231,900 Loan Approval from the SBA Of the total $231,900 loan amount, the SBA guaranteed $173,925. 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 20 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to hire new 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. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Obtaining Funding - Friends and Family SBA 7A Banks in Woodstock, Georgia
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