 |
 |
May 15, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Morristown, Business Loans > Community National Bank - Lakeway Ar Morristown Business Loans > Veterinary Services For Animal Specialties Loan | ||||
 |
||||
SBA Lender Morristown, Tennessee
|
||||
 |
Morristown, Tennessee Bank Lends Money to Veterinary Services For Animal Specialties Company in White Pine, TennesseeA Morristown, Tennessee small business loan can be yours. Learn how a company got a $100,000 business loan from this Tennessee bank. This loan to an entrepreneur is a good example of an SBA loan. Community National Bank - Lakeway Ar made the loan and the SBA guaranteed a portion of the loan. Many other Tennessee entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: VETERINARY SERVICES FOR ANIMAL SPECIALTIES SBA Loan Lender COMMUNITY NATIONAL BANK - LAKEWAY AR This lender issued this particular loan for a small business 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 0742 - Veterinary Services for Animal Specialties NAICS Code 541940 - Veterinary Services Loan Approval Date 9/26/2003 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This SBA loan was for $100,000. How would you spend $100,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Who Lends Money to Small Businesses in Morristown, Tennessee
|
|
||
|
||||
|
|
||||