Loan Census Banking News and Information
April 26, 2024  
 
 
  Business Loan Information  
 

Banks in Dade City, Florida That Make SBA Loans

 

 
Loan Census SBA Loan Info

Dade City, Florida Bank Gives SBA Loan to Surveying Services Company

Thinking about meeting with a Dade City, Florida bank about a small business loan? Here's one Florida business loan, issued by a Dade City bank, that was approved by the SBA.

Applying for an SBA loan with First National Bank Of Pasco worked out well for our friends at one local company in Dade City, Florida. They got an SBA loan for $50,000. Nice!

SBA Loan Borrower

COMPANY TYPE: SURVEYING SERVICES
DADE CITY, FL 33525

SBA Loan Lender

FIRST NATIONAL BANK OF PASCO
13315 US HWY 301
DADE CITY, FL 33525

This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8713 - Surveying Services

NAICS Code

541360 - Geophysical Surveying and Mapping Services

Loan Approval Date

5/14/2001

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

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 12 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Dade City or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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