Memphis, Tennessee Bank Gives SBA Loan to Tamiami Pharmacy Discount # 3
A Memphis, Tennessee business loan can be yours. Learn how Tamiami Pharmacy Discount # 3 got a $85,000 business loan from this Tennessee bank.
This loan to Tamiami Pharmacy Discount # 3 is a good example of an SBA loan. Regions Bank made the loan and the SBA guaranteed a portion of the loan. Many other Florida entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
TAMIAMI PHARMACY DISCOUNT # 3
12800 SW 8 STREET
MIAMI, FL 33184
SBA Loan Lender
REGIONS BANK
6200 POPLAR AVE
MEMPHIS, TN 38119
This lender processed this debt financing 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
446110 - Pharmacies and Drug Stores
Loan Approval Date
3/28/2002
Loan Approval Gross Amount
$85,000
Loan Approval from the SBA
Of the total $85,000 loan amount, the SBA guaranteed $42,500.
More Information on This SBA Loan
The borrower, Tamiami Pharmacy Discount # 3, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Your solution for where to find money to start a business may be an SBA guaranteed loan. Tamiami Pharmacy Discount # 3 recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Banking Deregulation's Effects on Entrepreneurship
Small Bank Loans in Memphis, Tennessee
Tennessee SBA Banks
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