Loan Census Banking News and Information
April 24, 2024  
 
 
  Business Loan Information  
 

Banks in Jacksonville, Florida That Make SBA Loans

 

 
Loan Census SBA Loan Info

Jacksonville, Florida Lender Lends Money to Cosmetics, Beauty Supplies, And Perfume Stores Company

Get SBA loans from a Jacksonville, Florida bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

First Guaranty Bank & Trust - Ja is a Jacksonville, Florida small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Florida company.

SBA Loan Borrower

COMPANY TYPE: COSMETICS, BEAUTY SUPPLIES, AND PERFUME STORES
JACKSONVILLE, FL 32203

SBA Loan Lender

FIRST GUARANTY BANK & TRUST - JA
1234 KING ST
JACKSONVILLE, FL 32204

This SBA 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

446120 - Cosmetics, Beauty Supplies, and Perfume Stores

Loan Approval Date

12/1/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Guaranty Bank & Trust - Ja that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Debt Financing

Small Business Banks in Jacksonville, Florida

Getting a Business Loan in Florida