Superior Financial Group, LLC SBA Loan to No Industry Type Specified Company
Searching for a Tennessee SBA loan? Here's one Tennessee business loan that was approved by the SBA.
This small business needed an SBA business loan in Germantown, Tennessee back in 2007 and, after submitting their loan application, they were successful in getting an SBA loan from Superior Financial Group, LLC, operating out of Walnut Creek, California. Here are the details on this Tennessee small business loan.
SBA Loan Borrower
COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
GERMANTOWN, TN 38138
SBA Loan Lender
SUPERIOR FINANCIAL GROUP, LLC
165 LENNON LANE, SUITE 101
WALNUT CREEK, CA 94598
This lender issued this SBA loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561310 -
Loan Approval Date
12/18/2007
Loan Approval Gross Amount
$7,500
Loan Approval from the SBA
Of the total $7,500 loan amount, the SBA guaranteed $6,375.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job.
Next Steps for Getting an SBA Loan
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
We've showcased information on this loan to let you know that businesses like yours 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:
Business Credit Evaluation
SBA 7A Lenders in Walnut Creek, California
Getting a Business Loan in California