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May 9, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Saint Petersburg, Business Loans > Synovus Bank Of Tampa Bay Saint Petersburg Business Loans > Beauty Salons Loan | ||||
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Requirements for Entrepreneurs On Getting a Loan
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Beauty Salons LoansLooking for loans for beauty salons? The SBA may be the answer. This $212,361 beauty salons loan was issued by a Florida bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in New Port Richey, Florida was able to borrow $212,361 from Synovus Bank Of Tampa Bay. The SBA made the loan possible by guaranteeing $159,270 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: BEAUTY SALONS SBA Loan Lender SYNOVUS BANK OF TAMPA BAY As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812112 - Beauty Salons Loan Approval Date 8/24/2006 Loan Approval Gross Amount $212,361 Loan Approval from the SBA Of the total $212,361 loan amount, the SBA guaranteed $159,270. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 11 new jobs and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Synovus Bank Of Tampa Bay and they will explain how you can get an SBA loan for your company. 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: Best Saint Petersburg, Florida Banks for Small Business
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