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May 2, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Fernandina Beach, Business Loans > First Coast Community Bank Fernandina Beach Business Loans > Motor Vehicle Parts Merchant Wholesalers Loan | ||||
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I Need a Business Loan in Jacksonville, Florida
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Where to Get Capital for Motor Vehicle Parts Merchant WholesalersLooking for small business loans for motor vehicle parts merchant wholesalers? Talk to a banker who works with the SBA. This $536,000 motor vehicle parts merchant wholesalers loan was issued by a Florida bank. This small firm knew how to go about getting a business bank loan. Based in Jacksonville, Florida, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was First Coast Community Bank, based in Fernandina Beach, Florida. SBA Loan Borrower COMPANY TYPE: MOTOR VEHICLE PARTS MERCHANT WHOLESALERS SBA Loan Lender FIRST COAST COMMUNITY BANK This SBA loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and a deep knowledge SBA loan requirements. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 423140 - Motor Vehicle Parts Merchant Wholesalers Loan Approval Date 7/29/2004 Loan Approval Gross Amount $536,000 Loan Approval from the SBA Of the total $536,000 loan amount, the SBA guaranteed $402,000. 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 4 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Banks in Fernandina Beach, Florida
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