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May 3, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > San Diego, Business Loans > California Bank & Trust San Diego Business Loans > Marinas Loan | ||||
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California Bank & Trust Tarpon Springs
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Tarpon Springs, Florida Business Gets SBA-Guaranteed Funding from California Bank & TrustAn SBA loan from California Bank & Trust typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Tarpon Springs, Florida business owner got a $50,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tarpon Springs, Florida was able to borrow $50,000 from California Bank & Trust. The SBA made the loan possible by guaranteeing $25,000 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: MARINAS SBA Loan Lender CALIFORNIA BANK & TRUST This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 713930 - Marinas Loan Approval Date 1/3/2007 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs. Getting an SBA Loan For Your Business If you are wondering how to raise money for a company in Tarpon Springs FL, you ought to talk with a local Tarpon Springs SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tarpon Springs businesses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like California Bank & Trust and they will explain how you can get an SBA loan for your company. 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 Who Lends Money to Small Businesses in San Diego, California Find an SBA Lender in California
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