SBA lending record
Sherman Arulappan, LLC
2231 Nw Broad St, Murfreesboro, TN 37129 · Electronic Shopping and Mail-Order Houses. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.3M
Total SBA financing
1
Loan on record
FY2021
On record
17
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$3,270,200 — FY2021
- Gross approval
- $3,270,200
- SBA guaranteed
- $2,452,650 (75%)
- Status
- Charged off (failed)
- Rate at approval
- 6% v
- Term
- 88 mo (7 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 11/25/2020
- First disbursement
- 1/7/2021
- Days to fund
- 43 days
- Charged off
- 10/4/2024
- Charge-off amount
- $2,852,947
- Collateral
The lender
Community Bank & Trust-West Georgia
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for Sherman Arulappan, LLC in Murfreesboro, TN (Electronic Shopping and Mail-Order Houses). 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 $3.3M
- On record FY2021
- 17 jobs supported
- Industry: Electronic Shopping and Mail-Order Houses
- Location: Murfreesboro, TN
- Lender: Community Bank & Trust-West Georgia
- 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 Sherman Arulappan, 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 Sherman Arulappan, LLC.