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December 22, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Memphis, Business Loans > First Tennessee Bank Memphis Business Loans > Optometrists Loan | ||||
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How Hard Is It to Get a Small Business Loan in Hoboken, New Jersey?
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Getting an SBA Loan for OptometristsLooking for SBA loans for optometrists? Talk to a banker who works with the SBA. This $25,000 optometrists loan was issued by a Tennessee bank. Getting a small business loan in Hoboken, New Jersey was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from First Tennessee Bank, operating out of Memphis, Tennessee. Here are the details on this New Jersey small business loan. SBA Loan Borrower COMPANY TYPE: OPTOMETRISTS SBA Loan Lender FIRST TENNESSEE BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 621320 - Optometrists Loan Approval Date 4/5/2006 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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: Good Banks for Small Business in Memphis, Tennessee
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