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March 28, 2024  
 
 
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How to Get SBA Loans in Boca Raton, Florida

 

 
Loan Census SBA Loan Info

Loan to Buy Snelling & Snelling Franchise Issued By Cit Small Business Lending Corp

Need a loan to buy a Snelling & Snelling franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Boca Raton, Florida needed money to invest in a Snelling & Snelling franchise back in 2001. Cit Small Business Lending Corp issued an SBA franchise loan. Here are the details on this Florida small business loan.

SBA Loan Borrower

SNELLING PERSONNEL SERVICES
BOCA RATON, FL 33432

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

This lender provides SBA small 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

561310 -

Loan Approval Date

8/17/2001

Loan Approval Gross Amount

$696,000

Loan Approval from the SBA

Of the total $696,000 loan amount, the SBA guaranteed $522,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Snelling & Snelling franchise. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Boca Raton FL, you ought to talk with a local Boca Raton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Boca Raton 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 Cit Small Business Lending Corp 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.

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