Entrepreneur Works With Murfreesboro, Tennessee Bank to Get an SBA Loan

Want to talk with a Murfreesboro, Tennessee bank about an SBA loan? Here's one Tennessee business loan, issued by a Murfreesboro bank, that was approved by the SBA.

Applying for an SBA loan with First Bank worked out well for our friends at one local company in Murfreesboro, Tennessee. The business was able to get an SBA loan for $207,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE
MURFREESBORO, TN 37130

SBA Loan Lender

FIRST BANK
615 MEMORIAL BLVD
MURFREESBORO, TN 37219

This loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8011 - Offices and Clinics of Doctors of Medicine

NAICS Code

621111 - Physicians

Loan Approval Date

1/14/2004

Loan Approval Gross Amount

$207,000

Loan Approval from the SBA

Of the total $207,000 loan amount, the SBA guaranteed $155,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Murfreesboro TN, you ought to talk with a local Murfreesboro SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Murfreesboro businesses.

We can help you find the best banks for small businesses in Murfreesboro 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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SBA Participating Banks in Murfreesboro, Tennessee

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