Loan Census Banking News and Information
March 29, 2024  
 
 
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Jacksonville, Florida Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Centerbank - Jacksonville Provides SBA Loan to Buy Bevinco Franchise

Need a loan to invest in a Bevinco franchise? Centerbank - Jacksonville has a history of making these loans and they are guaranteed by the SBA.

Bevinco franchise loans are available to Jacksonville, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Centerbank - Jacksonville, based in Jacksonville, Florida, issued an SBA franchise loan for a Bevinco franchise in 2004. We've got all the details on this Florida small business loan.

SBA Loan Borrower

BEVINCO AMERICA
JACKSONVILLE, FL 32225

SBA Loan Lender

CENTERBANK - JACKSONVILLE
1325 HENDRICKS AVE
JACKSONVILLE, FL 32207

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561990 - Support Services

Loan Approval Date

4/19/2004

Loan Approval Gross Amount

$46,500

Loan Approval from the SBA

Of the total $46,500 loan amount, the SBA guaranteed $39,525.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Bevinco franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Centerbank - Jacksonville are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Bevinco

Obtaining Funding From a Venture Capitalist

Where to Get an SBA Loan in Jacksonville, Florida

Florida SBA 7A Lenders