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November 25, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Walnut Creek, Business Loans > Superior Financial Group, LLC Walnut Creek Business Loans > Home And Garden Equipment Repair And Maintenance Loan | ||||
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I Need a Business Loan in Cottontown, Tennessee
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Home and Garden Equipment Repair and Maintenance Bank LoansWith these bank loans for home and garden equipment repair and maintenance, the SBA guarantees the lender that the loan will be repaid. This home and garden equipment repair and maintenance loan for $5,000 was given to a Tennessee entrepreneur in 2006. This company knew how to go about getting a business bank loan. Based in Cottontown, Tennessee, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Superior Financial Group, LLC, based in Walnut Creek, California. SBA Loan Borrower COMPANY TYPE: HOME AND GARDEN EQUIPMENT REPAIR AND MAINTENANCE SBA Loan Lender SUPERIOR FINANCIAL GROUP, LLC The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency 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. NAICS Code 811411 - Home and Garden Equipment Repair and Maintenance Loan Approval Date 6/30/2006 Loan Approval Gross Amount $5,000 Loan Approval from the SBA Of the total $5,000 loan amount, the SBA guaranteed $4,250. 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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 1 existing job. Next Steps for Getting an SBA Loan If you are raising money in Cottontown TN, you ought to talk with a local Cottontown SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cottontown businesses. 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 $5,000 loan. Remember, you control your own destiny. 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: Who Lends Money to Small Businesses in Walnut Creek, California Getting a Business Loan in California
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