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May 18, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Naples, Business Loans > Fifth Third Bank Naples Business Loans > Women's And Misses' Blouses And Shirts Loan | ||||
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SBA Lenders Florida
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Naples, Florida Bank Lends Money to Women's And Misses' Blouses And Shirts Company in Naples, FloridaWant to talk with a Naples, Florida bank about a business loan? Here's one Florida business loan, issued by a Naples bank, that was approved by the SBA. Applying for an SBA loan with Fifth Third Bank worked out well for our friends at one local firm in Naples, Florida. They received an SBA loan for $125,000. Sweet! SBA Loan Borrower COMPANY TYPE: WOMEN'S AND MISSES' BLOUSES AND SHIRTS SBA Loan Lender FIFTH THIRD BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2331 - Women's and Misses' Blouses and Shirts NAICS Code 315212 - Women's, Girls', and Infants' Cut and Sew Apparel Contractors Loan Approval Date 9/26/2003 Loan Approval Gross Amount $125,000 Loan Approval from the SBA Of the total $125,000 loan amount, the SBA guaranteed $106,250. 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 5 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Banking Deregulation's Effects on Entrepreneurship SBA 7A Lenders in Naples, Florida
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