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April 26, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Bradenton, Business Loans > Community Bank Of Manatee Bradenton Business Loans > Commercial Laundry, Drycleaning, And Pressing Machine Manufacturing Loan | ||||
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Small Business Banks That Lend to Florida Business Owners
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Sarasota, Florida Entrepreneur Gets a Business LoanFloridaSmall business loans are available to Florida small business owners through the SBA. In this case, a Florida bank provides the loan. Getting a small business loan in Sarasota, Florida was a top priority for this small company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Community Bank Of Manatee. Here are the details on this Florida small business loan. SBA Loan Borrower COMPANY TYPE: COMMERCIAL LAUNDRY, DRYCLEANING, AND PRESSING MACHINE MANUFACTURING SBA Loan Lender COMMUNITY BANK OF MANATEE As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 333312 - Commercial Laundry, Drycleaning, and Pressing Machine Manufacturing Loan Approval Date 8/23/2004 Loan Approval Gross Amount $190,000 Loan Approval from the SBA Of the total $190,000 loan amount, the SBA guaranteed $142,500. 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 20 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 21 existing jobs. Start the Process for Getting an SBA Loan Today! If you need business start up money in Sarasota FL, you ought to talk with a local Sarasota SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sarasota businesses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Community Bank Of Manatee and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Best Banks for Small Business in Bradenton, Florida
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