Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

Fort Myers, Florida Bank Loan

 

 
Loan Census SBA Loan Info

Borrowing Money for Ground or Treated Mineral and Earth Manufacturing

Looking for bank loans for ground or treated mineral and earth manufacturing? The SBA may be the answer. This $60,000 ground or treated mineral and earth manufacturing loan was issued by a Florida bank.

Getting a small business loan in Fort Myers, Florida was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Busey Bank, operating out of Fort Myers, Florida. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: GROUND OR TREATED MINERAL AND EARTH MANUFACTURING
FORT MYERS, FL 33912

SBA Loan Lender

BUSEY BANK
7980 SUMMERLIN LAKES DRIVE
FORT MYERS, FL 33907

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

327992 - Ground or Treated Mineral and Earth Manufacturing

Loan Approval Date

3/30/2004

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $30,000.

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 42 employees. The loan application indicated that the loan would help generate 1 new job and retain 42 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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:

Investor Turnoffs

Small Bank Loans in Fort Myers, Florida

SBA Lenders in Florida