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.
623110 - Nursing Care Facilities
Loan Approval Date
Loan Approval Gross Amount
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.
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