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November 15, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Union City, Business Loans > First State Bank Union City Business Loans > Personal Services Loan | ||||
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Business Loans for Goodlettsville Small Businesses
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Financing for Personal Care ServicesLooking for commercial loans for personal care services? Try the SBA. This $15,000 personal care services loan was issued by a Tennessee bank. Getting a small business loan in Goodlettsville, Tennessee was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from First State Bank, operating out of Union City, Tennessee. Here are the details on this Tennessee small business loan. SBA Loan Borrower COMPANY TYPE: PERSONAL SERVICES SBA Loan Lender FIRST STATE BANK This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7299 - Personal Services NAICS Code 812199 - Personal Care Services Loan Approval Date 7/5/2002 Loan Approval Gross Amount $15,000 Loan Approval from the SBA Of the total $15,000 loan amount, the SBA guaranteed $12,750. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. This SBA loan was for $15,000. How would you spend $15,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best Union City, Tennessee Banks for Small Business
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