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May 7, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Fernandina Beach, Business Loans > First National Bank - Nassau Cnty Fernandina Beach Business Loans > Sewing, Needlework, And Piece Goods Stores Loan | ||||
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Advice for Small Business Owners On Getting a Loan
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Sewing, Needlework, and Piece Goods Stores LoansLooking for loans for sewing, needlework, and piece goods stores? Talk to a banker who works with the SBA. This $323,500 sewing, needlework, and piece goods stores loan was issued by a Florida bank. This company knew how to go about getting a business bank loan. Based in Fernandina Beach, Florida, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was First National Bank - Nassau Cnty, based in Fernandina Beach, Florida. SBA Loan Borrower COMPANY TYPE: SEWING, NEEDLEWORK, AND PIECE GOODS STORES SBA Loan Lender FIRST NATIONAL BANK - NASSAU CNTY 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. NAICS Code 451130 - Sewing, Needlework, and Piece Goods Stores Loan Approval Date 9/5/2002 Loan Approval Gross Amount $323,500 Loan Approval from the SBA Of the total $323,500 loan amount, the SBA guaranteed $242,625. 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 only one employee. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? 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. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 Banks in Fernandina Beach, Florida
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