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December 20, 2024  
 
 
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Tennessee Small Business Funding

 

 
Loan Census SBA Loan Info

Metal Container Manufacturing Business Loans

Looking for business loans for metal container manufacturing? The SBA may be the answer. This $135,000 metal container manufacturing loan was issued by a Tennessee bank.

This small business knew how to go about getting a business bank loan. Based in Mt. Pleasant, Tennessee, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Community First Bank And Trust, based in Columbia, Tennessee.

SBA Loan Borrower

COMPANY TYPE: FABRICATED METAL PRODUCTS
MT. PLEASANT, TN 38474

SBA Loan Lender

COMMUNITY FIRST BANK AND TRUST
601 N GARDEN ST
COLUMBIA, TN 38401

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3499 - Fabricated Metal Products

NAICS Code

332439 - Metal Container Manufacturing

Loan Approval Date

2/18/2004

Loan Approval Gross Amount

$135,000

Loan Approval from the SBA

Of the total $135,000 loan amount, the SBA guaranteed $114,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Community First Bank And Trust 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.

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