 |
 |
May 13, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Florida Business Loan Sources > Orlando, Business Loans > Banco Popular Orlando Business Loans > Nursing And Personal Care Facilities, N.E.C Loan | ||||
 |
||||
Orlando Bank Loan
|
||||
 |
Orlando, Florida Bank Gives SBA Loan to Nursing And Personal Care Facilities, N.E.C CompanyAn Orlando, Florida SBA loan can be yours. Learn how a company got a $389,500 business loan from this Florida bank. This loan to an entrepreneur is a good example of an SBA loan. Banco Popular made the loan and the SBA guaranteed a portion of the loan. Many other Florida entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: NURSING AND PERSONAL CARE FACILITIES, N.E.C SBA Loan Lender BANCO POPULAR When this loan was made, this lending institution participated in the SBA's Certified Lenders Program (CLP). This program aims to offer expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8059 - Nursing and Personal Care Facilities, N.E.C NAICS Code 623312 - Homes for the Elderly Loan Approval Date 10/31/2001 Loan Approval Gross Amount $389,500 Loan Approval from the SBA Of the total $389,500 loan amount, the SBA guaranteed $292,125. 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 application for the borrower did not indicate that the small business promised to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $389,500 loan. Remember, if it to be, it is up to me! 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: Raising VC Money for Social Networking Companies SBA 7A Banks in Orlando, Florida
|
|
||
|
||||
|
|
||||