Memphis, Tennessee Bank Gives SBA Loan to Photocopying And Duplicating Services Company
Get business loans from a Memphis, Tennessee bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
First Tennessee Bank is a Memphis, Tennessee small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Tennessee company.
SBA Loan Borrower
COMPANY TYPE: PHOTOCOPYING AND DUPLICATING SERVICES
BARTLETT, TN 38117
SBA Loan Lender
FIRST TENNESSEE BANK
165 MADISON, 1ST FL
MEMPHIS, TN 38103
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7334 - Photocopying and Duplicating Services
NAICS Code
561439 - Business Service Centers
Loan Approval Date
1/17/2006
Loan Approval Gross Amount
$440,000
Loan Approval from the SBA
Of the total $440,000 loan amount, the SBA guaranteed $330,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 8 employees. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a business in Bartlett TN, you ought to talk with a local Bartlett SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bartlett businesses.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? 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.
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