Loan Census Banking News and Information
May 7, 2024  
 
 
  Business Loan Information  
 

How to Get an SBA 7A Loan in Gallatin, Tennessee

 

 
Loan Census SBA Loan Info

Tennessee Small Business Loan Issued to Pet And Pet Supplies Stores Company

Looking to get a Tennessee small business loan? This Tennessee entrepreneur got a small business loan, provided by a California bank that works with the SBA to help small business owners.

Getting a small business loan in Gallatin, Tennessee was a top priority for this small company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Superior Financial Group, LLC. Here are the details on this Tennessee small business loan.

SBA Loan Borrower

COMPANY TYPE: PET AND PET SUPPLIES STORES
GALLATIN, TN 37066

SBA Loan Lender

SUPERIOR FINANCIAL GROUP, LLC
165 LENNON LANE, SUITE 101
WALNUT CREEK, CA 94598

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453910 - Pet and Pet Supplies Stores

Loan Approval Date

9/29/2006

Loan Approval Gross Amount

$5,000

Loan Approval from the SBA

Of the total $5,000 loan amount, the SBA guaranteed $4,250.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Gallatin TN, you ought to talk with a local Gallatin SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Gallatin businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Microlending as a Small Business Funding Source

Best Walnut Creek, California Banks for Small Business

Getting a Business Loan in California