Loan Census Banking News and Information
May 14, 2024  
 
 
  Business Loan Information  
 

Banks in Orlando, Florida That Make SBA Loans

 

 
Loan Census SBA Loan Info

Orlando, Florida Lender Lends Money to Home Health Care Services Company

Want to talk with an Orlando, Florida bank about an SBA loan? Here's one Florida business loan, issued by an Orlando bank, that was approved by the SBA.

Applying for an SBA loan with First Comm. Bank - Florida worked out well for our friends at one local company in Kissimmee, Florida. They got an SBA loan for $120,000. Great job!

SBA Loan Borrower

COMPANY TYPE: HOME HEALTH CARE SERVICES
KISSIMMEE, FL 34741

SBA Loan Lender

FIRST COMM. BANK - FLORIDA
945 S ORANGE AVE
ORLANDO, FL 32806

This commercial loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA provides a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621610 - Home Health Care Services

Loan Approval Date

11/25/2002

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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 First Comm. Bank - Florida 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:

Understanding Dilution

Who Lends Money to Small Businesses in Orlando, Florida

Getting an SBA Loan in Florida