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May 3, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Knoxville, Business Loans > Community So. Bank D.B.A Commun Knoxville Business Loans > Full-Service Restaurants Loan | ||||
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Getting an SBA Loan in Ft. Lauderdale, Florida
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Community So. Bank D.B.A Commun Gives Business Loan to Full-Service Restaurants CompanyFloridaBusiness loans are available to Florida business owners through the SBA. In this case, a Tennessee bank provides the loan. Getting a small business loan in Ft. Lauderdale, Florida was a top priority for this SBA-financed company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Community So. Bank D.B.A Commun. Here are the details on this Florida small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender COMMUNITY SO. BANK D.B.A COMMUN This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 10/16/2007 Loan Approval Gross Amount $276,000 Loan Approval from the SBA Of the total $276,000 loan amount, the SBA guaranteed $207,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 25 employees. The SBA loan documents indicated that the loan would help retain 25 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Community So. Bank D.B.A Commun and they will explain how you can get an SBA loan for your company. 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: SBA 7A Banks for Knoxville, Tennessee Loans Where to Get an SBA Loan Tennessee
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