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May 18, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Winter Park, Business Loans > First Florida Bank Winter Park Business Loans > Jewelry Stores Loan | ||||
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Banks Doing SBA Loans in Florida
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Entrepreneur Works With Winter Park, Florida Bank to Get an SBA LoanWant to talk with a Winter Park, Florida bank about an SBA loan? Here's one Florida business loan, issued by a Winter Park bank, that was approved by the SBA. Applying for an SBA loan with First Florida Bank worked out well for our friends at one local business in Orlando, Florida. They received an SBA loan for $140,000. Awesome! SBA Loan Borrower COMPANY TYPE: JEWELRY STORES SBA Loan Lender FIRST FLORIDA BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 448310 - Jewelry Stores Loan Approval Date 5/19/2005 Loan Approval Gross Amount $140,000 Loan Approval from the SBA Of the total $140,000 loan amount, the SBA guaranteed $119,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. 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: SBA Banks in Winter Park, Florida Where to Get an SBA Loan Florida
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