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April 28, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Orlando, Business Loans > First Comm. Bank - Florida Orlando Business Loans > Sign A Rama Loan | ||||
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Good Sources for Lake Mary SBA Loans
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Lake Mary, FL Entrepreneur Gets SBA Loan to Buy Sign-A-Rama FranchiseNeed a loan to buy a Sign-A-Rama franchise? First Comm. Bank - Florida has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Lake Mary, Florida needed money to invest in a Sign-A-Rama franchise back in 2003. First Comm. Bank - Florida issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower SIGN A RAMA SBA Loan Lender FIRST COMM. BANK - FLORIDA 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 339950 - Sign Manufacturing Loan Approval Date 5/5/2003 Loan Approval Gross Amount $141,000 Loan Approval from the SBA Of the total $141,000 loan amount, the SBA guaranteed $119,850. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Sign-A-Rama franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Lake Mary or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Who Lends Money to Small Businesses in Orlando, Florida
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