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April 19, 2024  
 
 
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How Can I Buy a Franchise in Longwood, Florida?

 

 
Loan Census SBA Loan Info

Longwood, FL Entrepreneur Gets SBA Loan to Buy Homes & Land magazine Franchise

Need a loan to buy a Homes & Land magazine franchise? Bankfirst has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Homes & Land magazine franchise is doable. In 2004, Bankfirst issued an SBA franchise loan to an entrepreneur in Longwood, Florida. Because Homes & Land magazine was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

RESOLUTION PUBLISHING INC
LONGWOOD, FL 32750

SBA Loan Lender

BANKFIRST
1031 W MORSE BLVD, STE 323
WINTER PARK, FL 32789

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

511120 - Periodical Publishers

Loan Approval Date

8/4/2004

Loan Approval Gross Amount

$248,000

Loan Approval from the SBA

Of the total $248,000 loan amount, the SBA guaranteed $186,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Homes & Land magazine franchise. At the time of the loan, the company had 12 employees. The SBA loan documents indicated that the loan would help retain 12 existing jobs.

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.

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:

Homes & Land Publishing, Ltd.

504 Loans

SBA Approved Banks in Winter Park, Florida

Getting a Business Loan in Florida