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

Banks Doing SBA Loans in Florida

 

 
Loan Census SBA Loan Info

Saint Petersburg, Florida Bank Lends Money to Plastics Product Manufacturing Company in Tarpon Springs, Florida

Want to talk with a Saint Petersburg, Florida bank about an SBA loan? Here's one Florida business loan, issued by a Saint Petersburg bank, that was approved by the SBA.

Applying for an SBA loan with Synovus Bank Of Tampa Bay worked out well for our friends at one local business in Tarpon Springs, Florida. They got an SBA loan for $390,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: PLASTICS PRODUCT MANUFACTURING
TARPON SPRINGS, FL 34689

SBA Loan Lender

SYNOVUS BANK OF TAMPA BAY
333 THIRD AVE NORTH
SAINT PETERSBURG, FL 33701

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

326199 - Plastics Product Manufacturing

Loan Approval Date

11/5/2002

Loan Approval Gross Amount

$390,000

Loan Approval from the SBA

Of the total $390,000 loan amount, the SBA guaranteed $292,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 13 employees. The loan application indicated that the loan would help retain 13 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Synovus Bank Of Tampa Bay and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Strategic Investors

Small Business Banks in Saint Petersburg, Florida

SBA Lenders in Florida