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May 10, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Trezevant, Business Loans > Farmers And Merchants Bank Trezevant Business Loans > Cable And Other Pay Television Services Loan | ||||
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Trezevant Bank Loan
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Trezevant, Tennessee Bank Lends Money to Cable And Other Pay Television Services Company in Trezevant, TennesseeFind Trezevant, Tennessee banks that specialize in SBA loans and know how to work with entrepreneurs. Farmers And Merchants Bank is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Trezevant, Tennessee starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Farmers And Merchants Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: CABLE AND OTHER PAY TELEVISION SERVICES SBA Loan Lender FARMERS AND MERCHANTS BANK This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4841 - Cable and Other Pay Television Services NAICS Code 513210 - Cable Networks Loan Approval Date 9/25/2003 Loan Approval Gross Amount $56,000 Loan Approval from the SBA Of the total $56,000 loan amount, the SBA guaranteed $47,600. 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 10 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money 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 - Getting Venture Capital Good Banks for Small Business in Trezevant, Tennessee
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