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March 28, 2024  
 
 
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Getting an SBA Loan from Riverside National Bank - Florida

 

 
Loan Census SBA Loan Info

Riverside National Bank - Florida SBA Loan to Amusement And Recreation Services Company

Riverside National Bank - Florida has a track record as a leading provider of SBA loans. Find out how this Florida entrepreneur received an SBA loan from them.

Getting a small business loan in Cocoa Beach, Florida was an essential business goal for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Riverside National Bank - Florida, operating out of Fort Pierce, Florida. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES
COCOA BEACH, FL 32931

SBA Loan Lender

RIVERSIDE NATIONAL BANK - FLORIDA
2211 OKEECHOBEE RD
FORT PIERCE, FL 34950

This lender issued this particular loan for a small business 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

7999 - Amusement and Recreation Services

NAICS Code

532292 - Recreational Goods Rental

Loan Approval Date

7/30/2001

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $51,000.

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 2 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding.

This SBA loan was for $60,000. How would you spend $60,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Alternative Financing

SBA 7A Lenders in Fort Pierce, Florida

Getting a Business Loan in Florida