Loan Census Banking News and Information
January 29, 2023  
 
 
  Business Loan Information  
 

I Need a Loan in Graceville, Florida

 

 
Loan Census SBA Loan Info

Nursing Care Facilities Loans

Looking for loans for nursing care facilities? Try the SBA. This $109,115 nursing care facilities loan was issued by an Alabama bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Graceville, Florida was able to borrow $109,115 from Peoplesouth Bank. The SBA made the loan possible by guaranteeing $92,748 of this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: NURSING CARE FACILITIES
GRACEVILLE, FL 32440

SBA Loan Lender

PEOPLESOUTH BANK
514 KIRKLAND
ABBEVILLE, AL 36310

This bank 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

623110 - Nursing Care Facilities

Loan Approval Date

1/8/2003

Loan Approval Gross Amount

$109,115

Loan Approval from the SBA

Of the total $109,115 loan amount, the SBA guaranteed $92,748.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. This SBA loan request did not indicate that the small business planned to use the money to add employees or retain any existing employees.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Role of Business Plan When Raising Money

Small Business Banks in Abbeville, Alabama

Alabama SBA 7A Lenders