Loan Census Banking News and Information
May 4, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Fernandina Beach, Florida Businesses

 

 
Loan Census SBA Loan Info

Florida Business Loan Issued to Retail Stores Company

FloridaBank loans are available to Florida firms through the SBA. In this case, a Florida bank provides the loan.

Getting a small business loan in Fernandina Beach, Florida was a top priority for this loan applicant back in 2000 and, based on their loan application, they were successful in getting an SBA loan from First Coast Community Bank. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: RETAIL STORES
FERNANDINA BEACH, FL 32034

SBA Loan Lender

FIRST COAST COMMUNITY BANK
1750 S 14TH ST
FERNANDINA BEACH, FL 32034

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5999 - Retail Stores

Loan Approval Date

4/4/2000

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $93,750.

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 3 employees. The SBA loan documents indicated that the loan would help create 3 new jobs.

Next Steps for Getting an SBA Loan

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:

Accountant's Role in Securing Financing

SBA Banks in Fernandina Beach, Florida

Florida SBA 7A Lenders