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November 15, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Murfreesboro, Business Loans > First Bank Murfreesboro Business Loans > Child Day Care Services Loan | ||||
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How to Get SBA Loans in Murfreesboro, Tennessee
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Child Day Care Services Bank LoansWith these bank loans for child day care services, the SBA guarantees the lender that the loan will be repaid. This child day care services loan for $262,000 was given to a Tennessee entrepreneur in 2000. This company knew how to go about getting a business bank loan. Based in Murfreesboro, Tennessee, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was First Bank, based in Murfreesboro, Tennessee. SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender FIRST BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. 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 5/17/2000 Loan Approval Gross Amount $262,000 Loan Approval from the SBA Of the total $262,000 loan amount, the SBA guaranteed $196,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 14 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? 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: SBA Banks in Murfreesboro, Tennessee
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