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May 16, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Boston, Business Loans > Lehman Brothers Bank, Fsb Boston Business Loans > Concrete Work Loan | ||||
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How Do We Get a Business Loan in Hollywood, Florida?
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Concrete Contractors Business LoansWith these business loans for concrete contractors, the SBA guarantees the lender that the loan will be repaid. This concrete contractors loan for $530,400 was given to a Florida entrepreneur in 2000. This small business knew how to go about getting a business bank loan. Based in Hollywood, Florida, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Lehman Brothers Bank, Fsb, based in Boston, Massachusetts. SBA Loan Borrower COMPANY TYPE: CONCRETE WORK SBA Loan Lender LEHMAN BROTHERS BANK, FSB This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1771 - Concrete Work NAICS Code 235710 - Concrete Contractors Loan Approval Date 6/16/2000 Loan Approval Gross Amount $530,400 Loan Approval from the SBA Of the total $530,400 loan amount, the SBA guaranteed $397,800. More Information on This SBA Loan The borrower borrowed this money for a new 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 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a business or need money to grow a business, an SBA loan can be a great funding source Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Lehman Brothers Bank, Fsb and they will explain how you can get an SBA loan for your company. 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: Obtaining Funding - Getting Venture Capital Best Banks in Boston, Massachusetts
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