Business Loan from Farmers Bank Lynchburg Tennesse Given to Commercial Printing Company

Farmers Bank Lynchburg Tennesse has a track record as a leading provider of SBA loans. Find out how this Georgia entrepreneur received an SBA loan from them.

Getting a small business loan in Trenton, Georgia was an essential business goal for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Farmers Bank Lynchburg Tennesse, operating out of Lynchburg, Tennessee. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
TRENTON, GA 30752

SBA Loan Lender

FARMERS BANK LYNCHBURG TENNESSE
71 MECHANIC ST SOUTH
LYNCHBURG, TN 37352

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323119 - Commercial Printing

Loan Approval Date

9/6/2005

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

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 9 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Farmers Bank Lynchburg Tennesse that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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