Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

Sorrento, Florida Bank Loan

 

 
Loan Census SBA Loan Info

How to Get a Loan for General Long-Distance Freight Trucking

With these business loans for general long-distance freight trucking, the SBA guarantees the lender that the loan will be repaid. This general long-distance freight trucking loan for $250,000 was given to a Florida entrepreneur in 2004.

This small business knew how to go about getting a business bank loan. Based in Sorrento, Florida, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Bankfirst, based in Winter Park, Florida.

SBA Loan Borrower

COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
SORRENTO, FL 32776

SBA Loan Lender

BANKFIRST
1031 W MORSE BLVD, STE 323
WINTER PARK, FL 32789

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

484121 - General Long-Distance Freight Trucking

Loan Approval Date

1/21/2004

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

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 120 employees. The SBA loan documents indicated that the loan would help retain 120 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Sorrento FL, you ought to talk with a local Sorrento SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sorrento businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bankfirst 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:

Business Incubators

Good Banks for Small Business in Winter Park, Florida

SBA Lenders in Florida