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November 15, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Nashville, Business Loans > Southeast Financial Fcu Nashville Business Loans > Eating Places Loan | ||||
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Tennessee SBA Banks
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Nashville, Tennessee Bank Gives SBA Loan to Eating Places CompanyWant to talk with a Nashville, Tennessee bank about a business loan? Here's one Tennessee business loan, issued by a Nashville bank, that was approved by the SBA. Applying for an SBA loan with Southeast Financial Fcu worked out well for our friends at one local firm in Nashville, Tennessee. The business was able to get an SBA loan for $75,000. Great job! SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender SOUTHEAST FINANCIAL FCU This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 445299 - Specialty Food Stores Loan Approval Date 8/25/2004 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. 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 2 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! Every year, the SBA guarantees over $10 billion for loans just like this one. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Southeast Financial Fcu and they will explain how you can get an SBA loan for your company. 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 7A Banks for Nashville, Tennessee Loans
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