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April 20, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Bradenton, Business Loans > Community Bank Of Manatee Bradenton Business Loans > Disinfecting And Pest Control Services Loan | ||||
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Bradenton, Florida SBA 7A Banks
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Bradenton, Florida Lender Lends Money to Disinfecting And Pest Control Services CompanyWant to talk with a Bradenton, Florida bank about a small business loan? Here's one Florida business loan, issued by a Bradenton bank, that was approved by the SBA. Applying for an SBA loan with Community Bank Of Manatee worked out well for our friends at one local firm in Lutz, Florida. They got an SBA loan for $42,000. Sweet! SBA Loan Borrower COMPANY TYPE: DISINFECTING AND PEST CONTROL SERVICES SBA Loan Lender COMMUNITY BANK OF MANATEE This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7342 - Disinfecting and Pest Control Services Loan Approval Date 2/24/2000 Loan Approval Gross Amount $42,000 Loan Approval from the SBA Of the total $42,000 loan amount, the SBA guaranteed $33,600. 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 2 employees. The loan application did not indicate that the company promised to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Find an SBA Lender in Bradenton, Florida
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