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April 26, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Fort Walton Beach, Business Loans > Beach Community Bank Fort Walton Beach Business Loans > Full-Service Restaurants Loan | ||||
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SBA Loans from Beach Community Bank
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Business Loan from Beach Community Bank Given to Full-Service Restaurants CompanyAn SBA loan from Beach Community Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Ft. Walton Beach, Florida business owner got a $450,500 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ft. Walton Beach, Florida was able to borrow $450,500 from Beach Community Bank. The SBA made the loan possible by guaranteeing $337,875 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender BEACH COMMUNITY BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 9/28/2001 Loan Approval Gross Amount $450,500 Loan Approval from the SBA Of the total $450,500 loan amount, the SBA guaranteed $337,875. 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 14 employees. This SBA loan request did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. This SBA loan was for $450,500. How would you spend $450,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Where to Get an SBA Loan in Fort Walton Beach, Florida
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