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November 14, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Goleta, Business Loans > Community W. Bank Goleta Business Loans > Edible Arrangements Loan | ||||
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Memphis, Tennessee Bank for SBA Loans
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Borrow Money to Buy an Edible Arrangements FranchiseNeed money to invest in an Edible Arrangements franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Memphis, Tennessee needed money to invest in an Edible Arrangements franchise back in 2007. Community W. Bank issued an SBA franchise loan. Here are the details on this Tennessee small business loan. SBA Loan Borrower EDIBLE ARRANGEMENTS SBA Loan Lender COMMUNITY W. BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453998 - Store Retailers Loan Approval Date 10/16/2007 Loan Approval Gross Amount $187,000 Loan Approval from the SBA Of the total $187,000 loan amount, the SBA guaranteed $140,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Edible Arrangements franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 8 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Community W. Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Small Bank Loans in Goleta, California Where to Get an SBA Loan California
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