Business Loan from Greenbank Given to Offices And Clinics Of Dentists Company
Greenbank has a track record as a leading provider of SBA loans. Find out how this Tennessee entrepreneur received an SBA loan from them.
This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Greenbank, out of Franklin, Tennessee. The loan was granted and they received $123,000 to help grow their Nashville, Tennessee business.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
NASHVILLE, TN 37205
SBA Loan Lender
GREENBANK
231 S ROYAL OAKS BLVD
FRANKLIN, TN 37064
This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8021 - Offices and Clinics of Dentists
NAICS Code
621210 - Dentists
Loan Approval Date
10/15/2003
Loan Approval Gross Amount
$123,000
Loan Approval from the SBA
Of the total $123,000 loan amount, the SBA guaranteed $104,550.
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 3 employees. The loan application did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Greenbank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
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SBA 7A Banks for Franklin, Tennessee Loans
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