Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

Bradenton, Florida Bank Loan

 

 
Loan Census SBA Loan Info

SBA Loans for Locksmiths

Looking for SBA loans for locksmiths? An SBA loan may be just what you've been looking for. This $130,000 locksmiths loan was issued by a Florida bank.

This small business 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 2001. The lending bank was Community Bank Of Manatee, based in Bradenton, Florida.

SBA Loan Borrower

COMPANY TYPE: SECURITY SYSTEMS SERVICES
BRADENTON, FL 34209

SBA Loan Lender

COMMUNITY BANK OF MANATEE
6000 SR 70 EAST
BRADENTON, FL 34203

This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7382 - Security Systems Services

NAICS Code

561622 - Locksmiths

Loan Approval Date

11/29/2001

Loan Approval Gross Amount

$130,000

Loan Approval from the SBA

Of the total $130,000 loan amount, the SBA guaranteed $110,500.

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 4 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need business start up money in Bradenton FL, you ought to talk with a local Bradenton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bradenton 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 Community Bank Of Manatee 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:

Advice on Getting a Small Business Loan

SBA Approved Banks in Bradenton, Florida

SBA Participating Banks in Florida