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May 16, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Sanford, Business Loans > Federal Trust Bank Sanford Business Loans > Current-Carrying Wiring Devices Loan | ||||
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How to Get SBA Loans in Titusville, Florida
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Raising Money for Current-Carrying Wiring Device ManufacturingLooking for business loans for current-carrying wiring device manufacturing? The SBA may be the answer. This $1,300,000 current-carrying wiring device manufacturing loan was issued by a Florida bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Titusville, Florida was able to borrow $1,300,000 from Federal Trust Bank. The SBA made the loan possible by guaranteeing $975,000 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: CURRENT-CARRYING WIRING DEVICES SBA Loan Lender FEDERAL TRUST BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3643 - Current-Carrying Wiring Devices NAICS Code 335931 - Current-Carrying Wiring Device Manufacturing Loan Approval Date 7/12/2001 Loan Approval Gross Amount $1,300,000 Loan Approval from the SBA Of the total $1,300,000 loan amount, the SBA guaranteed $975,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 42 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We can help you find the best banks for small businesses in Titusville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Where to Get an SBA Loan in Sanford, Florida Browse All Business Loan Sources for Florida
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