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November 14, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Memphis, Business Loans > Regions Bank Memphis Business Loans > Abrasive Product Manufacturing Loan | ||||
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Memphis Bank Loan
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Memphis, Tennessee Lender Lends Money to Abrasive Product Manufacturing CompanyGet business loans from a Memphis, Tennessee bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. Regions 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 Missouri company. SBA Loan Borrower COMPANY TYPE: ABRASIVE PRODUCT MANUFACTURING SBA Loan Lender REGIONS BANK This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 327910 - Abrasive Product Manufacturing Loan Approval Date 3/18/2004 Loan Approval Gross Amount $512,500 Loan Approval from the SBA Of the total $512,500 loan amount, the SBA guaranteed $384,375. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $512,500 loan. Remember, if it to be, it is up to me! 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: SBA 7A Lenders in Memphis, Tennessee Find an SBA Lender in Tennessee
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