Loan Census Banking News and Information
May 11, 2024  
 
 
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Saint Petersburg, Florida SBA 7A Banks

 

 
Loan Census SBA Loan Info

Saint Petersburg, Florida Bank Gives SBA Loan to Electrical And Electronic Repair Shops Company

Want to talk with a Saint Petersburg, Florida bank about a business loan? Here's one Florida business loan, issued by a Saint Petersburg bank, that was approved by the SBA.

Applying for an SBA loan with Synovus Bank Of Tampa Bay worked out well for our friends at one local company in Pinellas Park, Florida. They got an SBA loan for $142,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: ELECTRICAL AND ELECTRONIC REPAIR SHOPS
PINELLAS PARK, FL 33707

SBA Loan Lender

SYNOVUS BANK OF TAMPA BAY
333 THIRD AVE NORTH
SAINT PETERSBURG, FL 33701

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7629 - Electrical and Electronic Repair Shops

Loan Approval Date

1/31/2000

Loan Approval Gross Amount

$142,000

Loan Approval from the SBA

Of the total $142,000 loan amount, the SBA guaranteed $106,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Synovus Bank Of Tampa Bay so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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.

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