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April 16, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Atlanta, Business Loans > Regions Bank Atlanta Business Loans > Big Bobs New And Used Carpet Loan | ||||
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Lynn Haven, Florida Bank Loan
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Loan to Buy Big Bob's New & Used Carpet Franchise Issued By Regions BankBorrowing money to purchase a Big Bob's New & Used Carpet franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Big Bob's New & Used Carpet franchise may simply require a phone call to a local SBA banker. In 2001, Regions Bank issued an SBA franchise loan to an entrepreneur in Lynn Haven, Florida. Because Big Bob's New & Used Carpet was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis. SBA Loan Borrower BIG BOBS NEW AND USED CARPET SBA Loan Lender REGIONS BANK This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 442210 - Floor Covering Stores Loan Approval Date 8/14/2001 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Big Bob's New & Used Carpet franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 4 existing jobs. Next Steps for Getting an SBA Loan If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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:
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