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December 7, 2021  
 
 
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Getting Commercial Loans in Warner Robins, Georgia

 

 
Loan Census SBA Loan Info

Warner Robins, Georgia Entrepreneur Gets a Bank Loan

GeorgiaSmall business loans are available to Georgia small business owners through the SBA. In this case, a Florida bank provides the loan.

You can learn something about getting a small business loan in Warner Robins, Georgia by studying this loan to a local company, made back in 2005. Banks like Synovus Bank Of Jacksonville may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: NURSING CARE FACILITIES
WARNER ROBINS, GA 31098

SBA Loan Lender

SYNOVUS BANK OF JACKSONVILLE
10407 CENTURION PKWY NORTH
JACKSONVILLE, FL 32256

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

623110 - Nursing Care Facilities

Loan Approval Date

5/9/2005

Loan Approval Gross Amount

$75,200

Loan Approval from the SBA

Of the total $75,200 loan amount, the SBA guaranteed $63,920.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 4 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Remember, you 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.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $75,200 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Determining Proper Capital Structure for a Business

SBA Participating Banks in Jacksonville, Florida

SBA Florida Banks