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May 14, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Chattanooga, Business Loans > Cornerstone Community Bank Chattanooga Business Loans > Glass And Glazing Work Loan | ||||
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I Need a Loan in Hixson, Tennessee
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Getting an SBA Loan for Glass and Glazing ContractorsLooking for SBA loans for glass and glazing contractors? Try the SBA. This $30,000 glass and glazing contractors loan was issued by a Tennessee bank. This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Cornerstone Community Bank, out of Chattanooga, Tennessee. The loan was granted and they received $30,000 to help grow their Hixson, Tennessee business. SBA Loan Borrower COMPANY TYPE: GLASS AND GLAZING WORK SBA Loan Lender CORNERSTONE COMMUNITY BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1793 - Glass and Glazing Work NAICS Code 235920 - Glass and Glazing Contractors Loan Approval Date 9/12/2003 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $25,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. 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? If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great way to raise money We've showcased information on this loan to let you know that businesses like yours 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: Borrowing Money from Friends and Family Good Banks for Small Business in Chattanooga, Tennessee
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