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April 29, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Plano, Business Loans > Beal Bank, D/b/a Beal Bank Plano Business Loans > Bread, Cake, And Related Bakery Products Loan | ||||
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Beal Bank, D/b/a Beal Bank Fort Lauderdale, Florida
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Beal Bank, D/b/a Beal Bank SBA Loan to Bread, Cake, And Related Bakery Products CompanyAn SBA loan from Beal Bank, D/b/a Beal Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Fort Lauderdale, Florida business owner got a $109,000 loan. Getting a small business loan in Fort Lauderdale, Florida was an essential business goal for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Beal Bank, D/b/a Beal Bank, operating out of Plano, Texas. Here are the details on this Florida small business loan. SBA Loan Borrower COMPANY TYPE: BREAD, CAKE, AND RELATED BAKERY PRODUCTS SBA Loan Lender BEAL BANK, D/B/A BEAL BANK This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2051 - Bread, Cake, and Related Bakery Products NAICS Code 311812 - Commercial Bakeries Loan Approval Date 3/6/2000 Loan Approval Gross Amount $109,000 Loan Approval from the SBA Of the total $109,000 loan amount, the SBA guaranteed $81,750. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Beal Bank, D/b/a Beal Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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:
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