Entrepreneur Works With Athens, Georgia Bank to Get an SBA Loan

Get to know Athens, Georgia banks that specialize in SBA loans and know how to work with entrepreneurs. Afb&t is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Suwanee, Georgia starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Afb&t. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
SUWANEE, GA 30024

SBA Loan Lender

AFB&T
124 E HANCOCK
ATHENS, GA 30601

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

11/8/2001

Loan Approval Gross Amount

$321,105

Loan Approval from the SBA

Of the total $321,105 loan amount, the SBA guaranteed $234,407.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 30 new jobs and retain 30 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great way to raise money

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.

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