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

Brandon, Florida Bank Loan

 

 
Loan Census SBA Loan Info

Small Business Loans for Temporary Help Services

Looking for small business loans for temporary help services? An SBA loan may be just what you've been looking for. This $150,000 temporary help services loan was issued by a Florida bank.

Getting a small business loan in Brandon, Florida was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Orlando National Bank, operating out of Longwood, Florida. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: HELP SUPPLY SERVICES
BRANDON, FL 33511

SBA Loan Lender

ORLANDO NATIONAL BANK
502 N HWY 17-92
LONGWOOD, FL 32750

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7363 - Help Supply Services

NAICS Code

561320 - Temporary Help Services

Loan Approval Date

6/28/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the business planned to use the money to add employees or retain any existing employees.

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

SBA loans provide money to small business owners for working capital for other expenses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $150,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

How Equity Dilution Works

SBA 7A Banks in Longwood, Florida

SBA Florida Lenders