Loan Census Banking News and Information
May 25, 2024  
  Business Loan Information  

How to Get SBA Loans in Plantation, Florida


Loan Census SBA Loan Info

Office Equipment Wholesalers SBA Loans

Looking for SBA loans for office equipment wholesalers? The SBA may be the answer. This $70,000 office equipment wholesalers loan was issued by a Florida bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Plantation, Florida was able to borrow $70,000 from Regent Bank. The SBA made the loan possible by guaranteeing $56,000 of this Florida small business loan.

SBA Loan Borrower


SBA Loan Lender


The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide 7A business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5044 - Office Equipment


421420 - Office Equipment Wholesalers

Loan Approval Date


Loan Approval Gross Amount


Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $56,000.

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 SBA loan documents did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Plantation FL, you ought to talk with a local Plantation SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Plantation businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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 news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. 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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