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May 18, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Clarksville, Business Loans > First Federal Savings Bank Clarksville Business Loans > Personal And Household Goods Repair And Maintenance Loan | ||||
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First Federal Savings Bank Small Business Loan
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Borrowing Money for Personal and Household Goods Repair and MaintenanceWith these small business loans for personal and household goods repair and maintenance, the SBA guarantees the lender that the loan will be repaid. This personal and household goods repair and maintenance loan for $250,000 was given to a Tennessee entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Chapmansboro (sta.), Tennessee was able to borrow $250,000 from First Federal Savings Bank. The SBA made the loan possible by guaranteeing $187,500 of this Tennessee small business loan. SBA Loan Borrower COMPANY TYPE: PERSONAL AND HOUSEHOLD GOODS REPAIR AND MAINTENANCE SBA Loan Lender FIRST FEDERAL SAVINGS BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811490 - Personal and Household Goods Repair and Maintenance Loan Approval Date 10/19/2007 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. 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 indicated that the loan would help generate 1 new job and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Federal Savings Bank and they will explain how you can get an SBA loan for your company. 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: Best Banks in Clarksville, Tennessee
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