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April 25, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Washington, Business Loans > Loans From Old Closed Lenders Washington Business Loans > Top And Body Repair And Paint Shops Loan | ||||
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How to Get SBA Loans in Suwanee, Georgia
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SBA Loans for Automotive Body, Paint, and Interior Repair and MaintenanceLooking for SBA loans for automotive body, paint, and interior repair and maintenance? Talk to a banker who works with the SBA. This $654,500 automotive body, paint, and interior repair and maintenance loan was issued by a District of Columbia bank. Getting a small business loan in Suwanee, Georgia was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Loans From Old Closed Lenders, operating out of Washington, District of Columbia. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: TOP AND BODY REPAIR AND PAINT SHOPS SBA Loan Lender LOANS FROM OLD CLOSED LENDERS Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7532 - Top and Body Repair and Paint Shops NAICS Code 811121 - Automotive Body, Paint, and Interior Repair and Maintenance Loan Approval Date 8/31/2000 Loan Approval Gross Amount $654,500 Loan Approval from the SBA Of the total $654,500 loan amount, the SBA guaranteed $490,875. 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 5 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 9 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Loans From Old Closed Lenders 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: Banks in Washington, District of Columbia SBA Lenders in District of Columbia
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