Tennessee Small Business Loan Issued to Optometrists Company

Would a Tennessee SBA loan help your business get to the next level? If so, you may want to talk with this New Jersey bank, which offers SBA loans to Tennessee entrepreneurs.

Getting a small business loan in Rogersville, Tennessee was a top priority for this particular business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Cit Small Business Lending Corp. Here are the details on this Tennessee small business loan.

SBA Loan Borrower

COMPANY TYPE: OPTOMETRISTS
ROGERSVILLE, TN 37857

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621320 - Optometrists

Loan Approval Date

6/7/2004

Loan Approval Gross Amount

$624,000

Loan Approval from the SBA

Of the total $624,000 loan amount, the SBA guaranteed $468,000.

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 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Rogersville TN, you ought to talk with a local Rogersville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rogersville businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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