Loan Census Banking News and Information
April 29, 2024  
 
 
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Tennessee SBA Lenders

 

 
Loan Census SBA Loan Info

Brentwood, Tennessee Lender Lends Money to Canvas And Related Products Company

Get small business loans from a Brentwood, Tennessee bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Greenbank is a Brentwood, Tennessee small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Tennessee company.

SBA Loan Borrower

COMPANY TYPE: CANVAS AND RELATED PRODUCTS
NASHVILLE, TN 37208

SBA Loan Lender

GREENBANK
5120 MARYLAND WAY
BRENTWOOD, TN 37027

This SBA loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2394 - Canvas and Related Products

NAICS Code

314912 - Canvas and Related Product Mills

Loan Approval Date

1/11/2001

Loan Approval Gross Amount

$231,500

Loan Approval from the SBA

Of the total $231,500 loan amount, the SBA guaranteed $173,625.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Greenbank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Banking Deregulation's Effects on Entrepreneurship

SBA Participating Banks in Brentwood, Tennessee

SBA Lenders in Tennessee