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May 8, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Tampa, Business Loans > Southern Comm. Bank Tampa Business Loans > Fabricated Structural Metal Loan | ||||
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SBA Lenders Florida
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Tampa, Florida Lender Lends Money to Fabricated Structural Metal CompanyThinking about meeting with a Tampa, Florida bank about a business loan? Here's one Florida business loan, issued by a Tampa bank, that was approved by the SBA. Applying for an SBA loan with Southern Comm. Bank worked out well for our friends at one local firm in Lakeland, Florida. They got an SBA loan for $1,056,000. Awesome! SBA Loan Borrower COMPANY TYPE: FABRICATED STRUCTURAL METAL SBA Loan Lender SOUTHERN COMM. BANK This business loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and a deep knowledge SBA policies and procedures. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3441 - Fabricated Structural Metal NAICS Code 332312 - Fabricated Structural Metal Manufacturing Loan Approval Date 10/6/2003 Loan Approval Gross Amount $1,056,000 Loan Approval from the SBA Of the total $1,056,000 loan amount, the SBA guaranteed $729,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 28 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: How Much Venture Capital Is There? Where to Get an SBA Loan in Tampa, Florida
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