GT Ventures LLC
GT Ventures LLC is located in Shelbyville, TN, and the SBA lists its industry as Motor Vehicle Towing. It was approved for an SBA 7(a) loan of $1,173,000 for a change of ownership on November 30, 2025.
SBA 7(a) loan, change of ownership, approved Nov 30, 2025
- Gross approval
- $1,173,000
- SBA-guaranteed amount
- $879,750 (75% of the approval)
- Lender
- First Horizon Bank, Memphis, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 30, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $14,859 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 3, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 488410, Motor Vehicle Towing
- Project location
- Bedford County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 40% of acquisition loans in Motor Vehicle Towing on this site.
- Average acquisition loan in Motor Vehicle Towing: $1,770,240.
- Average acquisition loan in Tennessee: $1,738,925.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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