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April 20, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Destin, Business Loans > 1st National Bank - Florida Destin Business Loans > Automotive Body, Paint, And Interior Repair And Maintenance Loan | ||||
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Florida Bank SBA Loans
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Destin, Florida Lender Lends Money to Automotive Body, Paint, And Interior Repair And Maintenance CompanyGet to know Destin, Florida banks that specialize in SBA loans and know how to work with entrepreneurs. 1st National Bank - Florida is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Pensacola, Florida starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from 1st National Bank - Florida. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: AUTOMOTIVE BODY, PAINT, AND INTERIOR REPAIR AND MAINTENANCE SBA Loan Lender 1ST NATIONAL BANK - FLORIDA This SBA loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and a deep knowledge SBA policies and procedures. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811121 - Automotive Body, Paint, and Interior Repair and Maintenance Loan Approval Date 5/22/2001 Loan Approval Gross Amount $475,000 Loan Approval from the SBA Of the total $475,000 loan amount, the SBA guaranteed $356,250. 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 3 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds 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. We've showcased information on this loan to let you know that businesses like yours 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 7A Banks in Destin, Florida
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