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December 22, 2024  
 
 
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Lewisburg, Tennessee SBA Lenders

 

 
Loan Census SBA Loan Info

Lewisburg, Tennessee Bank Lends Money to Automotive Body, Paint, And Interior Repair And Maintenance Company in Lewisburg, Tennessee

A Lewisburg, Tennessee small business loan can be yours. Learn how a business got a $67,203 business loan from this Tennessee bank.

This loan to an entrepreneur is a good example of an SBA loan. First National Bank Of Pulaski made the loan and the SBA guaranteed a portion of the loan. Many other Tennessee entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE BODY, PAINT, AND INTERIOR REPAIR AND MAINTENANCE
LEWISBURG, TN 37091

SBA Loan Lender

FIRST NATIONAL BANK OF PULASKI
951 N ELLINGTON PKWY
LEWISBURG, TN 37091

This lender issued this particular business loan 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.

NAICS Code

811121 - Automotive Body, Paint, and Interior Repair and Maintenance

Loan Approval Date

3/1/2004

Loan Approval Gross Amount

$67,203

Loan Approval from the SBA

Of the total $67,203 loan amount, the SBA guaranteed $57,122.

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 6 employees. The loan application did not indicate that the business planned to use the loan proceeds to hire new employees 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 can help you find the best banks for small businesses in Lewisburg or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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