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March 28, 2024  
 
 
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Loan Census SBA Loan Info

Orlando National Bank Provides SBA Loan to Buy Budget Blinds Franchise

Need a loan to buy a Budget Blinds franchise? Orlando National Bank has a history of making these loans and they are guaranteed by the SBA.

Budget Blinds franchise loans are available to Casselberry, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Orlando National Bank, based in Longwood, Florida, issued an SBA franchise loan for a Budget Blinds franchise in 2007. We've got all the details on this Florida small business loan.

SBA Loan Borrower

BUDGET BLINDS OF LAKE MARY
CASSELBERRY, FL 32707

SBA Loan Lender

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

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

444190 - Building Material Dealers

Loan Approval Date

4/4/2007

Loan Approval Gross Amount

$220,000

Loan Approval from the SBA

Of the total $220,000 loan amount, the SBA guaranteed $165,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Budget Blinds franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

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

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

We've showcased information on this loan to let you know that businesses like yours 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:

Budget Blinds

Understanding Dilution

Best Banks in Longwood, Florida

Florida SBA 7A Lenders