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April 26, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Memphis, Business Loans > Regions Bank Memphis Business Loans > The Tan Company Loan | ||||
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Good Sources for Lake St. Louis SBA Loans
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Lake St. Louis, MO Entrepreneur Gets SBA Loan to Buy Tans & Company FranchiseNeed a loan to invest in a Tans & Company franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Lake St. Louis, Missouri needed money to invest in a Tans & Company franchise back in 2003. Regions Bank issued an SBA franchise loan. Here are the details on this Missouri small business loan. SBA Loan Borrower THE TAN COMPANY SBA Loan Lender REGIONS BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812199 - Personal Care Services Loan Approval Date 12/23/2003 Loan Approval Gross Amount $416,000 Loan Approval from the SBA Of the total $416,000 loan amount, the SBA guaranteed $312,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Tans & Company franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 4 existing jobs. 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. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Regions Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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
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