 |
 |
April 26, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Florida Business Loan Sources > Saint Petersburg, Business Loans > Whitney National Bank Saint Petersburg Business Loans > Expetec Of Tampa Bay Loan | ||||
 |
||||
Saint Petersburg, Florida Bank Loan
|
||||
 |
Whitney National Bank Provides SBA Loan to Buy Computer Doctor FranchiseNeed a loan to buy a Computer Doctor franchise? Whitney National Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Saint Petersburg, Florida needed money to invest in a Computer Doctor franchise back in 2003. Whitney National Bank issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower EXPETEC OF TAMPA BAY SBA Loan Lender WHITNEY NATIONAL BANK This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7379 - Computer Related Services NAICS Code 541512 - Computer Systems Design Services Loan Approval Date 3/20/2003 Loan Approval Gross Amount $86,800 Loan Approval from the SBA Of the total $86,800 loan amount, the SBA guaranteed $73,780. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Computer Doctor franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Whitney National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Whitney National Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Who Lends Money to Small Businesses in Saint Petersburg, Florida
|
|
||
|
||||
|
|
||||