SBA lending record
Boat Nation, LLC
1919 WATSON RD, Memphis, TN 38111 · Boat Dealers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.5M
Total SBA financing
1
Loan on record
FY2021
On record
11
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Boat Nation, LLC your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$1,508,900 — FY2021
- Gross approval
- $1,508,900
- SBA guaranteed
- $1,358,010 (90%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 6% v
- Term
- 269 mo (22 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 7/29/2021
- First disbursement
- 8/6/2021
- Days to fund
- 8 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
BankFirst Financial Services
1 loan to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for Boat Nation, LLC in Memphis, TN (Boat Dealers). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $1.5M
- On record FY2021
- 11 jobs supported
- Industry: Boat Dealers
- Location: Memphis, TN
- Lender: BankFirst Financial Services
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is Boat Nation, LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Boat Nation, LLC.