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May 22, 2024  
 
 
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Loan Census SBA Loan Info

Entrepreneur Works With Altamonte Springs, Florida Bank to Get an SBA Loan

Thinking about meeting with an Altamonte Springs, Florida bank about a small business loan? Here's one Florida business loan, issued by an Altamonte Springs bank, that was approved by the SBA.

Applying for an SBA loan with Peoples First Community Bank worked out well for our friends at one local firm in Oviedo, Florida. They got an SBA loan for $30,000. Nice!

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
OVIEDO, FL 32765

SBA Loan Lender

PEOPLES FIRST COMMUNITY BANK
116 E ALTAMONTE SPRINGS DR
ALTAMONTE SPRINGS, FL 32701

This lender issued this commercial loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7299 - Personal Services

Loan Approval Date

4/19/2000

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $24,000.

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 2 employees. The SBA loan documents did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Getting a Small Business Loan

Good Banks for Small Business in Altamonte Springs, Florida

Florida SBA 7A Lenders