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April 20, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Lake Mary, Business Loans > First Comm. Bank - Florida Lake Mary Business Loans > Insurance Agents And Brokers Loan | ||||
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Get a Small Business Loan from First Comm. Bank - Florida
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Business Loan from First Comm. Bank - Florida Given to Insurance Agents And Brokers CompanyAn SBA loan from First Comm. Bank - Florida typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Saint Cloud, Florida business owner got a $450,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Saint Cloud, Florida was able to borrow $450,000 from First Comm. Bank - Florida. The SBA made the loan possible by guaranteeing $337,500 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: INSURANCE AGENTS AND BROKERS SBA Loan Lender FIRST COMM. BANK - FLORIDA The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 6411 - Insurance Agents and Brokers NAICS Code 524210 - Insurance Agencies and Brokerages Loan Approval Date 4/28/2005 Loan Approval Gross Amount $450,000 Loan Approval from the SBA Of the total $450,000 loan amount, the SBA guaranteed $337,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 9 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from First Comm. Bank - Florida 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. Related Links: SBA Approved Banks in Lake Mary, Florida
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