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November 14, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Parsons, Business Loans > Community So. Bank D.B.A Commun Parsons Business Loans > Ornamental Floriculture Nursery Products Loan | ||||
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SBA Lenders for Decaturville Businesses
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Tennessee SBA Loan Issued to Ornamental Floriculture Nursery Products CompanyWould a Tennessee SBA loan help your business get to the next level? If so, you may want to talk with this Tennessee bank, which offers SBA loans to Tennessee entrepreneurs. Getting a small business loan in Decaturville, 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 Community So. Bank D.B.A Commun. Here are the details on this Tennessee small business loan. SBA Loan Borrower COMPANY TYPE: ORNAMENTAL FLORICULTURE NURSERY PRODUCTS SBA Loan Lender COMMUNITY SO. BANK D.B.A COMMUN This SBA 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. SIC Code 0181 - Ornamental Floriculture Nursery Products NAICS Code 111421 - Nursery and Tree Production Loan Approval Date 6/21/2004 Loan Approval Gross Amount $212,000 Loan Approval from the SBA Of the total $212,000 loan amount, the SBA guaranteed $159,000. 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 3 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to increase staffing levels 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. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 Participating Banks in Parsons, Tennessee
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