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May 19, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Grand Rapids, Business Loans > Fifth Third Bank Grand Rapids Business Loans > Child Day Care Services Loan | ||||
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Small Business Banks That Lend to Hendersonville Business Owners
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Hendersonville, Tennessee Entrepreneur Gets a Bank LoanWould a Tennessee small business loan help your small business to grow and prosper? If so, you may want to talk with this Michigan bank, which offers SBA loans to Tennessee entrepreneurs. You can learn something about getting a small business loan in Hendersonville, Tennessee by studying this loan to a local company, made back in 2007. Banks like Fifth Third Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender FIFTH THIRD BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 624410 - Child Day Care Services Loan Approval Date 10/5/2007 Loan Approval Gross Amount $742,500 Loan Approval from the SBA Of the total $742,500 loan amount, the SBA guaranteed $556,875. 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 12 employees. The loan application indicated that the loan would help retain 12 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Fifth Third Bank and they will explain how you can get an SBA loan for your company. 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: Best Banks for Small Business in Grand Rapids, Michigan Getting an SBA Loan in Michigan
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