Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Business Owners in Alabama

 

 
Loan Census SBA Loan Info

Alabama Business Loan Issued to Cookie And Cracker Manufacturing Company

Want an Alabama bank loan? This Alabama entrepreneur got a bank loan, provided by a Florida bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Florence, Alabama by studying this loan to a local company, made back in 2006. Banks like Business Loan Center, LLC may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: COOKIE AND CRACKER MANUFACTURING
Florence, AL 35630

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
415 BECKRICH RD., STE 250
PANAMA CITY BEACH, FL 32407

This loan for a small business 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

311821 - Cookie and Cracker Manufacturing

Loan Approval Date

8/8/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Obtaining Funding - Getting Venture Capital

Best Panama City Beach, Florida Banks for Small Business

Getting an SBA Loan in Florida