Tennessee SBA Loan Issued to Child Day Care Services Company

Small business loans in Tennessee are hard to find these days. We take a look at one Tennessee small business loan, provided by a Tennessee bank, that was approved by the SBA.

You can learn something about getting a small business loan in Murfreesboro, Tennessee by studying this loan to a local company, made back in 2000. Banks like Greenbank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
MURFREESBORO, TN 37129

SBA Loan Lender

GREENBANK
372 W NORTHFIELD BLVD
MURFREESBORO, TN 37129

This lender issued this particular 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.

SIC Code

8351 - Child Day Care Services

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

1/4/2000

Loan Approval Gross Amount

$35,017

Loan Approval from the SBA

Of the total $35,017 loan amount, the SBA guaranteed $28,013.

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 only one employee. The SBA loan documents did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

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.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

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SBA 7A Banks in Murfreesboro, Tennessee

Tennessee SBA 7A Lenders