Loan Census Banking News and Information
November 15, 2024  
 
 
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First National Bank Of Pulaski SBA 7A Loans

 

 
Loan Census SBA Loan Info

Consumer Goods Rental Loans

Looking for loans for consumer goods rental? Try the SBA. This $1,155,000 consumer goods rental loan was issued by a Tennessee bank.

This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First National Bank Of Pulaski, out of Pulaski, Tennessee. The loan was granted and they received $1,155,000 to help grow their Pulaski, Tennessee business.

SBA Loan Borrower

COMPANY TYPE: EQUIPMENT RENTAL AND LEASING
PULASKI, TN 38478

SBA Loan Lender

FIRST NATIONAL BANK OF PULASKI
206 S 1ST ST
PULASKI, TN 38478

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7359 - Equipment Rental and Leasing

NAICS Code

532299 - Consumer Goods Rental

Loan Approval Date

1/6/2004

Loan Approval Gross Amount

$1,155,000

Loan Approval from the SBA

Of the total $1,155,000 loan amount, the SBA guaranteed $866,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 20 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Obtaining Funding - How to Decide How Much to Raise

Small Business Banks in Pulaski, Tennessee

Getting an SBA Loan in Tennessee