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April 28, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Paris, Business Loans > Tennessee Business & Indust Devel Paris Business Loans > Offices And Clinics Of Doctors Of Medicine Loan | ||||
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SBA Lender Paris
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Paris, Tennessee Bank Gives SBA Loan to Offices And Clinics Of Doctors Of Medicine CompanyWant to talk with a Paris, Tennessee bank about a business loan? Here's one Tennessee business loan, issued by a Paris bank, that was approved by the SBA. Applying for an SBA loan with Tennessee Business & Indust Devel worked out well for our friends at one local firm in Atoka, Tennessee. The business was able to get an SBA loan for $137,500. Nice! SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE SBA Loan Lender TENNESSEE BUSINESS & INDUST DEVEL The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide small business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8011 - Offices and Clinics of Doctors of Medicine NAICS Code 621111 - Physicians Loan Approval Date 9/8/2004 Loan Approval Gross Amount $137,500 Loan Approval from the SBA Of the total $137,500 loan amount, the SBA guaranteed $116,875. 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 SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Atoka or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Microlending as a Small Business Funding Source Getting an SBA Loan in Tennessee
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