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April 26, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Bristol, Business Loans > Superior Bank Bristol Business Loans > Professional Sports Clubs And Promoters Loan | ||||
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SBA Lender Florida
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Panama City Beach, Florida Business Gets SBA-Guaranteed Funding from Superior BankAn SBA loan from Superior Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Panama City Beach, Florida business owner got a $82,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Panama City Beach, Florida was able to borrow $82,000 from Superior Bank. The SBA made the loan possible by guaranteeing $69,700 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: PROFESSIONAL SPORTS CLUBS AND PROMOTERS SBA Loan Lender SUPERIOR BANK This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7941 - Professional Sports Clubs and Promoters NAICS Code 487210 - Scenic and Sightseeing Transportation, Water Loan Approval Date 2/21/2002 Loan Approval Gross Amount $82,000 Loan Approval from the SBA Of the total $82,000 loan amount, the SBA guaranteed $69,700. More Information on This SBA Loan The borrower borrowed this money for a new 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 6 employees. The loan application did not indicate that the company promised to use the funding to add employees 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. This SBA loan was for $82,000. How would you spend $82,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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 Bristol, Florida Banks for Small Business
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