Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Tennessee Small Business Funding

 

 
Loan Census SBA Loan Info

Podiatrists Commercial Loans

With these commercial loans for podiatrists, the SBA guarantees the lender that the loan will be repaid. This podiatrists loan for $15,800 was given to a Tennessee entrepreneur in 2007.

This business knew how to go about getting a business bank loan. Based in Lawrenceburg, Tennessee, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was First Farmers & Merchants Bk, based in Columbia, Tennessee.

SBA Loan Borrower

COMPANY TYPE: PODIATRISTS
LAWRENCEBURG, TN 38464

SBA Loan Lender

FIRST FARMERS & MERCHANTS BK
816 S GARDEN ST
COLUMBIA, TN 38401

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

621391 - Podiatrists

Loan Approval Date

3/13/2007

Loan Approval Gross Amount

$15,800

Loan Approval from the SBA

Of the total $15,800 loan amount, the SBA guaranteed $7,900.

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 2 employees. The SBA loan documents indicated that the funding would help create 2 new jobs.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Lawrenceburg TN, you ought to talk with a local Lawrenceburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lawrenceburg businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $15,800 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Obtaining Funding From a Venture Capitalist

Best Columbia, Tennessee Banks for Small Business

Browse All Business Loan Sources for Tennessee