Travel Trailer and Camper Manufacturing Small Business Loans

Looking for small business loans for travel trailer and camper manufacturing? Try the SBA. This $95,000 travel trailer and camper manufacturing loan was issued by a Tennessee bank.

This company knew how to go about getting a business bank loan. Based in Cleveland, Tennessee, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was First Tennessee Bank, based in Cleveland, Tennessee.

SBA Loan Borrower

COMPANY TYPE: TRANSPORTATION EQUIPMENT
CLEVELAND, TN 37323

SBA Loan Lender

FIRST TENNESSEE BANK
775 RAIDER DR
CLEVELAND, TN 37312

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.

SIC Code

3799 - Transportation Equipment

NAICS Code

336214 - Travel Trailer and Camper Manufacturing

Loan Approval Date

12/21/2001

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $80,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Although it's called an SBA loan, 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.

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 $95,000 loan. Remember, anyone can do it... so why not 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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