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May 3, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Parsons, Business Loans > Community So. Bank D.B.A Commun Parsons Business Loans > Nursing Care Facilities Loan | ||||
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Parsons Bank Loan
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Parsons, Tennessee Lender Lends Money to Nursing Care Facilities CompanyWant to talk with a Parsons, Tennessee bank about an SBA loan? Here's one Florida business loan, issued by a Parsons bank, that was approved by the SBA. Applying for an SBA loan with Community So. Bank D.B.A Commun worked out well for our friends at one local firm in Lauderhill, Florida. They got an SBA loan for $683,000. Great job! SBA Loan Borrower COMPANY TYPE: NURSING CARE FACILITIES SBA Loan Lender COMMUNITY SO. BANK D.B.A COMMUN SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 623110 - Nursing Care Facilities Loan Approval Date 9/14/2007 Loan Approval Gross Amount $683,000 Loan Approval from the SBA Of the total $683,000 loan amount, the SBA guaranteed $512,250. 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 9 employees. The loan application indicated that the loan would help generate 9 new jobs. Next Steps for Getting an SBA Loan 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. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Community So. Bank D.B.A Commun had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Community So. Bank D.B.A Commun made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Small Bank Loans in Parsons, Tennessee
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