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April 25, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Fort Myers, Business Loans > Busey Bank Fort Myers Business Loans > Cut Stone And Stone Product Manufacturing Loan | ||||
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Florida Small Business Funding
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Cut Stone and Stone Product Manufacturing Business LoansWith these business loans for cut stone and stone product manufacturing, the SBA guarantees the lender that the loan will be repaid. This cut stone and stone product manufacturing loan for $600,000 was given to a Florida entrepreneur in 2003. This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Busey Bank, out of Fort Myers, Florida. The loan was granted and they received $600,000 to help grow their Fort Myers, Florida business. SBA Loan Borrower COMPANY TYPE: CUT STONE AND STONE PRODUCT MANUFACTURING SBA Loan Lender BUSEY BANK This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 327991 - Cut Stone and Stone Product Manufacturing Loan Approval Date 12/30/2003 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. This loan was not for a franchise. At the time of the loan, the company had 28 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Busey Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Borrowing Money from Friends and Family Small Business Banks in Fort Myers, Florida
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