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May 16, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Jackson, Business Loans > First South Bank Jackson Business Loans > Voluntary Health Organizations Loan | ||||
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Tennessee Small Business Loans from First South Bank
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Jackson, Tennessee Business Gets SBA-Guaranteed Funding from First South BankAn SBA loan from First South Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Jackson, Tennessee business owner got a $10,800 loan. Getting a small business loan in Jackson, Tennessee was an essential business goal for this firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from First South Bank, operating out of Jackson, Tennessee. Here are the details on this Tennessee small business loan. SBA Loan Borrower COMPANY TYPE: VOLUNTARY HEALTH ORGANIZATIONS SBA Loan Lender FIRST SOUTH BANK This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 813212 - Voluntary Health Organizations Loan Approval Date 1/5/2007 Loan Approval Gross Amount $10,800 Loan Approval from the SBA Of the total $10,800 loan amount, the SBA guaranteed $5,400. More Information on This SBA Loan The borrower borrowed this money for a new 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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This SBA loan was for $10,800. How would you spend $10,800 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: Borrowing Money from Friends and Family SBA Participating Banks in Jackson, Tennessee
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