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May 3, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Irving, Business Loans > Amresco Sba Holdings, Inc. Irving Business Loans > Hotels And Motels Loan | ||||
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I Need a Loan in Winter Haven, Florida
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Raising Money for Hotels and MotelsLooking for business loans for hotels and motels? Talk to a banker who works with the SBA. This $656,100 hotels and motels loan was issued by a Texas bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Winter Haven, Florida was able to borrow $656,100 from Amresco Sba Holdings, Inc.. The SBA made the loan possible by guaranteeing $492,075 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: HOTELS AND MOTELS SBA Loan Lender AMRESCO SBA HOLDINGS, INC. This lender provides SBA 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 721110 - Hotels and Motels Loan Approval Date 1/9/2003 Loan Approval Gross Amount $656,100 Loan Approval from the SBA Of the total $656,100 loan amount, the SBA guaranteed $492,075. 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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. 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 Amresco Sba Holdings, Inc. 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: Small Business Banks in Irving, Texas Browse All Business Loan Sources for Texas
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