Loan Census Banking News and Information
May 13, 2024  
 
 
  Business Loan Information  
 

Brentwood, Tennessee Bank Loan

 

 
Loan Census SBA Loan Info

How to Get a Loan for HMO Medical Centers

With these SBA loans for hmo medical centers, the SBA guarantees the lender that the loan will be repaid. This hmo medical centers loan for $132,000 was given to a Tennessee entrepreneur in 2003.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Brentwood, Tennessee was able to borrow $132,000 from Tennessee Commerce Bank. The SBA made the loan possible by guaranteeing $112,200 of this Tennessee small business loan.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE
BRENTWOOD, TN 37027

SBA Loan Lender

TENNESSEE COMMERCE BANK
381 MALLORY STATION RD, STE 2
FRANKLIN, TN 37067

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8011 - Offices and Clinics of Doctors of Medicine

NAICS Code

621491 - HMO Medical Centers

Loan Approval Date

8/5/2003

Loan Approval Gross Amount

$132,000

Loan Approval from the SBA

Of the total $132,000 loan amount, the SBA guaranteed $112,200.

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 6 employees. This SBA loan request did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $132,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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