Carthage, Tennessee Lender Lends Money to Public Golf Courses Company
A Carthage, Tennessee business loan can be yours. Learn how a business got a $1,200,000 business loan from this Tennessee bank.
This loan to an entrepreneur is a good example of an SBA loan. Greenbank made the loan and the SBA guaranteed a portion of the loan. Many other Tennessee entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: PUBLIC GOLF COURSES
MURFREESBORO, TN 37129
SBA Loan Lender
GREENBANK
1001 N MAIN ST
CARTHAGE, TN 37030
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small 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
7992 - Public Golf Courses
NAICS Code
713910 - Golf Courses and Country Clubs
Loan Approval Date
5/18/2000
Loan Approval Gross Amount
$1,200,000
Loan Approval from the SBA
Of the total $1,200,000 loan amount, the SBA guaranteed $750,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 25 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Understanding Dilution
SBA Banks in Carthage, Tennessee
SBA Lenders in Tennessee