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April 25, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Gainesville, Business Loans > Merchants & Southern Bank Gainesville Business Loans > Meat And Fish Market Loan | ||||
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Banks in Gainesville, Florida That Make SBA Loans
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Gainesville, Florida Bank Gives SBA Loan to Meat And Fish Market CompanyThinking about meeting with a Gainesville, Florida bank about an SBA loan? Here's one Florida business loan, issued by a Gainesville bank, that was approved by the SBA. Applying for an SBA loan with Merchants & Southern Bank worked out well for our friends at one local firm in Gainesville, Florida. They received an SBA loan for $82,000. Great job! SBA Loan Borrower COMPANY TYPE: MEAT AND FISH MARKET SBA Loan Lender MERCHANTS & SOUTHERN BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5421 - Meat and Fish Market NAICS Code 445210 - Meat Markets Loan Approval Date 3/16/2000 Loan Approval Gross Amount $82,000 Loan Approval from the SBA Of the total $82,000 loan amount, the SBA guaranteed $65,600. 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 15 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Merchants & Southern Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Merchants & Southern Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: The Friends and Family Network Where to Get an SBA Loan in Gainesville, Florida
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