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April 29, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Palm Beach Gardens, Business Loans > Ameribank Palm Beach Gardens Business Loans > Duraclean Restoration & Remedi Loan | ||||
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Business Loans for Riviera Beach Businesses
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Borrow Money to Buy a Duraclean Rug FranchiseNeed a loan to invest in a Duraclean Rug franchise? Ameribank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Riviera Beach, Florida needed money to invest in a Duraclean Rug franchise back in 2005. Ameribank issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower DURACLEAN RESTORATION & REMEDI SBA Loan Lender AMERIBANK This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 562910 - Remediation Services Loan Approval Date 8/16/2005 Loan Approval Gross Amount $320,000 Loan Approval from the SBA Of the total $320,000 loan amount, the SBA guaranteed $160,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Duraclean Rug franchise. At the time of the loan, the company had 30 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 8 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This SBA loan was for $320,000. How would you spend $320,000 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: Find an SBA Lender in Palm Beach Gardens, Florida Getting an SBA Loan in Florida
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