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April 28, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Memphis, Business Loans > Insouth Bank Memphis Business Loans > Document Preparation Services Loan | ||||
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Memphis, Tennessee SBA 7A Banks
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Memphis, Tennessee Lender Lends Money to Document Preparation Services CompanyGet business loans from a Memphis, Tennessee bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Insouth Bank is a Memphis, Tennessee small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Tennessee company. SBA Loan Borrower COMPANY TYPE: DOCUMENT PREPARATION SERVICES SBA Loan Lender INSOUTH BANK This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561410 - Document Preparation Services Loan Approval Date 11/29/2000 Loan Approval Gross Amount $603,000 Loan Approval from the SBA Of the total $603,000 loan amount, the SBA guaranteed $452,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 16 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 16 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. While you may be able to find business people willing to loan money, 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: Obtaining Funding - Getting Venture Capital Good Banks for Small Business in Memphis, Tennessee
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