 |
 |
May 18, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Lawrenceburg, Business Loans > First Volunteer Bank - Tennessee Lawrenceburg Business Loans > Glass Products, Made Of Purchased Glass Loan | ||||
 |
||||
SBA Lenders for Chattanooga Small Business Owners
|
||||
 |
Glass Product Manufacturing Made of Purchased Glass LoansWith these loans for glass product manufacturing made of purchased glass, the SBA guarantees the lender that the loan will be repaid. This glass product manufacturing made of purchased glass loan for $950,000 was given to a Tennessee entrepreneur in 2001. This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with First Volunteer Bank - Tennessee, out of Lawrenceburg, Tennessee. The loan was granted and they received $950,000 to help grow their Chattanooga, Tennessee business. SBA Loan Borrower COMPANY TYPE: GLASS PRODUCTS, MADE OF PURCHASED GLASS SBA Loan Lender FIRST VOLUNTEER BANK - TENNESSEE When this loan was made, this lending institution participated in the SBA's Certified Lenders Program (CLP). This program was created to ensure rapid service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3231 - Glass Products, Made of Purchased Glass NAICS Code 327215 - Glass Product Manufacturing Made of Purchased Glass Loan Approval Date 4/5/2001 Loan Approval Gross Amount $950,000 Loan Approval from the SBA Of the total $950,000 loan amount, the SBA guaranteed $712,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 200 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Role of Business Plan When Raising Money Banks in Lawrenceburg, Tennessee
|
|
||
|
||||
|
|
||||