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April 16, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Denver, Business Loans > United Western Bank Denver Business Loans > Securities Brokerage Loan | ||||
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Raising Money in Daytona Beach, Florida With SBA Loans
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Borrowing Money for Securities BrokerageWith these loans for securities brokerage, the SBA guarantees the lender that the loan will be repaid. This securities brokerage loan for $600,000 was given to a Florida entrepreneur in 2003. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Daytona Beach, Florida was able to borrow $600,000 from United Western Bank. The SBA made the loan possible by guaranteeing $450,000 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: SECURITIES BROKERAGE SBA Loan Lender UNITED WESTERN BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 523120 - Securities Brokerage Loan Approval Date 1/6/2003 Loan Approval Gross Amount $600,000 Loan Approval from the SBA Of the total $600,000 loan amount, the SBA guaranteed $450,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 6 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding. We can help you find the best banks for small businesses in Daytona Beach 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. Related Links: SBA 7A Lenders in Denver, Colorado
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