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May 14, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Tazewell, Business Loans > First Century Bank Tazewell Business Loans > Automotive Oil Change And Lubrication Shops Loan | ||||
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Get a Business Loan in Maynardville, Tennessee
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First Century Bank Gives Business Loan to Automotive Oil Change And Lubrication Shops CompanyBank loans in Tennessee are hard to find these days. We take a look at one Tennessee bank loan, provided by a Tennessee bank, that was approved by the SBA. You can learn something about getting a small business loan in Maynardville, Tennessee by studying this loan to a local company, made back in 2004. Banks like First Century Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: AUTOMOTIVE OIL CHANGE AND LUBRICATION SHOPS SBA Loan Lender FIRST CENTURY BANK This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 811191 - Automotive Oil Change and Lubrication Shops Loan Approval Date 8/19/2004 Loan Approval Gross Amount $212,000 Loan Approval from the SBA Of the total $212,000 loan amount, the SBA guaranteed $106,000. 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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Obtaining Funding From a Venture Capitalist Best Tazewell, Tennessee Banks for Small Business
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