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November 14, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Paris, Business Loans > Tennessee Business & Indust Devel Paris Business Loans > Optometrists Loan | ||||
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SBA 7A Banks That Lend to Brentwood Entrepreneurs
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Company Gets a Tennessee SBA LoanTennesseeSBA loans are available to Tennessee entrepreneurs through the SBA. In this case, a Tennessee bank provides the loan. Getting a small business loan in Brentwood, Tennessee was a top priority for this particular business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Tennessee Business & Indust Devel. Here are the details on this Tennessee small business loan. SBA Loan Borrower COMPANY TYPE: OPTOMETRISTS SBA Loan Lender TENNESSEE BUSINESS & INDUST DEVEL This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621320 - Optometrists Loan Approval Date 10/14/2004 Loan Approval Gross Amount $1,370,000 Loan Approval from the SBA Of the total $1,370,000 loan amount, the SBA guaranteed $999,963. 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 11 employees. The SBA loan application for the borrower indicated that the loan would help retain 11 existing jobs. Getting an SBA Loan For Your Business The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Tennessee Business & Indust Devel are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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. Related Links: Determining Proper Capital Structure for a Business Good Banks for Small Business in Paris, Tennessee SBA Participating Banks in Tennessee
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