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April 19, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Bradenton, Business Loans > Community Bank Of Manatee Bradenton Business Loans > Car Washes Loan | ||||
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We Needed a Small Business Loan in Bradenton, Florida and We Got One!
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Get an SBA Loan for Car WashesLooking for small business loans for car washes? The SBA may be the answer. This $1,962,000 car washes loan was issued by a Florida bank. This company knew how to go about getting a business bank loan. Based in Bradenton, Florida, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Community Bank Of Manatee, based in Bradenton, Florida. SBA Loan Borrower COMPANY TYPE: CAR WASHES SBA Loan Lender COMMUNITY BANK OF MANATEE As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811192 - Car Washes Loan Approval Date 9/29/2005 Loan Approval Gross Amount $1,962,000 Loan Approval from the SBA Of the total $1,962,000 loan amount, the SBA guaranteed $1,471,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 31 new jobs and retain 32 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Good Banks for Small Business in Bradenton, Florida
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