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

Find Brentwood, Tennessee banks that specialize in small business loans and know how to work with entrepreneurs. Greenbank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Nashville, Tennessee starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Greenbank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
NASHVILLE, TN 37204

SBA Loan Lender

GREENBANK
5120 MARYLAND WAY
BRENTWOOD, TN 37027

At the time this loan was granted, this bank participated in the SBA's Certified Lenders Program (CLP). This program aims to provide quick service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

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

1/22/2001

Loan Approval Gross Amount

$393,000

Loan Approval from the SBA

Of the total $393,000 loan amount, the SBA guaranteed $294,750.

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 14 employees. The loan application did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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