Entrepreneur Works With Clarksville, Tennessee Bank to Get an SBA Loan

Get to know Clarksville, Tennessee banks that specialize in SBA loans and know how to work with entrepreneurs. Greenbank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Clarksville, Tennessee starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Greenbank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: FABRICATED PIPE AND PIPE FITTINGS
CLARKSVILLE, TN 37043

SBA Loan Lender

GREENBANK
25 JEFFERSON ST
CLARKSVILLE, TN 37040

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3498 - Fabricated Pipe and Pipe Fittings

NAICS Code

332996 - Fabricated Pipe and Pipe Fitting Manufacturing

Loan Approval Date

11/29/2000

Loan Approval Gross Amount

$1,135,000

Loan Approval from the SBA

Of the total $1,135,000 loan amount, the SBA guaranteed $749,997.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Greenbank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Startup Funding Tip

SBA 7A Banks for Clarksville, Tennessee Loans

SBA Tennessee Lenders