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May 2, 2024  
 
 
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Hendersonville, Tennessee Bank Loan

 

 
Loan Census SBA Loan Info

Community W. Bank Provides SBA Loan to Buy Supper Thyme Usa Franchise

Borrowing money to buy a Supper Thyme Usa franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Hendersonville, Tennessee needed money to invest in a Supper Thyme Usa franchise back in 2007. Community W. Bank issued an SBA franchise loan. Here are the details on this Tennessee small business loan.

SBA Loan Borrower

SUPER THYME
HENDERSONVILLE, TN 37075

SBA Loan Lender

COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445299 - Specialty Food Stores

Loan Approval Date

4/30/2007

Loan Approval Gross Amount

$244,700

Loan Approval from the SBA

Of the total $244,700 loan amount, the SBA guaranteed $183,525.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Supper Thyme Usa franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Supper Thyme USA

Family and Friend Investors - Your First Financiers

Banks in Goleta, California

SBA Lenders in California