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May 9, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Tampa, Business Loans > Southern Comm. Bank Tampa Business Loans > General Automotive Repair Shops Loan | ||||
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Banks in Tampa, Florida That Make SBA Loans
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Tampa, Florida Bank Lends Money to General Automotive Repair Shops Company in Lutz, FloridaGet small business loans from a Tampa, Florida bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Southern Comm. Bank is a Tampa, Florida small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Florida company. SBA Loan Borrower COMPANY TYPE: GENERAL AUTOMOTIVE REPAIR SHOPS SBA Loan Lender SOUTHERN COMM. BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7538 - General Automotive Repair Shops NAICS Code 811111 - General Automotive Repair Loan Approval Date 8/30/2000 Loan Approval Gross Amount $120,000 Loan Approval from the SBA Of the total $120,000 loan amount, the SBA guaranteed $90,000. 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 8 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $120,000 loan. Remember, if it to be, it is up to me! 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: SBA Approved Banks in Tampa, Florida
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