Fort Walton Beach, Florida Bank Lends Money to Real Estate Credit Company in Ft. Walton Beach, Florida

Get small business loans from a Fort Walton Beach, Florida bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Beach Community Bank is a Fort Walton Beach, Florida small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Florida company.

SBA Loan Borrower

COMPANY TYPE: REAL ESTATE CREDIT
FT. WALTON BEACH, FL 32548

SBA Loan Lender

BEACH COMMUNITY BANK
17 SE EGLIN PKWY
FORT WALTON BEACH, FL 32548

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

522292 - Real Estate Credit

Loan Approval Date

9/21/2005

Loan Approval Gross Amount

$272,150

Loan Approval from the SBA

Of the total $272,150 loan amount, the SBA guaranteed $204,113.

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 3 employees. The SBA loan documents did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Ft. Walton Beach FL, you ought to talk with a local Ft. Walton Beach SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ft. Walton Beach businesses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Beach Community Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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.

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