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April 30, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Wilmington, Business Loans > Lehman Brothers Bank, Fsb Wilmington Business Loans > Computer Training Loan | ||||
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Getting a Business Loan from Lehman Brothers Bank, Fsb
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SBA Loan from Lehman Brothers Bank, Fsb Helps Computer Training CompanyAn SBA loan from Lehman Brothers Bank, Fsb typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Delray Beach, Florida business owner got a $392,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Delray Beach, Florida was able to borrow $392,000 from Lehman Brothers Bank, Fsb. The SBA made the loan possible by guaranteeing $196,000 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: COMPUTER TRAINING SBA Loan Lender LEHMAN BROTHERS BANK, FSB This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 611420 - Computer Training Loan Approval Date 9/14/2004 Loan Approval Gross Amount $392,000 Loan Approval from the SBA Of the total $392,000 loan amount, the SBA guaranteed $196,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We can help you find the best banks for small businesses in Delray 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: Who Lends Money to Small Businesses in Wilmington, Delaware
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