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May 14, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Henderson, Business Loans > Washington Mutual Bank Henderson Business Loans > Fresh And Frozen Seafood Processing Loan | ||||
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Good Banks for North Bay Village Businesses
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Fresh and Frozen Seafood Processing LoansWith these loans for fresh and frozen seafood processing, the SBA guarantees the lender that the loan will be repaid. This fresh and frozen seafood processing loan for $10,000 was given to a Florida entrepreneur in 2006. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in North Bay Village, Florida was able to borrow $10,000 from Washington Mutual Bank. The SBA made the loan possible by guaranteeing $5,000 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: FRESH AND FROZEN SEAFOOD PROCESSING SBA Loan Lender WASHINGTON MUTUAL BANK This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 311712 - Fresh and Frozen Seafood Processing Loan Approval Date 6/16/2006 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $5,000. 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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. 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 $10,000 loan. Remember, where there is a will, there is a way! 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: Borrowing Money from Friends and Family Best Banks for Small Business in Henderson, Nevada
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