Loan Census Banking News and Information
April 18, 2024  
 
 
  Business Loan Information  
 

Tips for Financing a Franchise

 

 
Loan Census SBA Loan Info

Tampa, FL Entrepreneur Gets SBA Loan to Buy Bellini Juvenile Furniture 7-31 Franchise

Need money to buy a Bellini Juvenile Furniture 7-31 franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Bellini Juvenile Furniture 7-31 franchise is doable. In 2002, Cit Small Business Lending Corp issued an SBA franchise loan to an entrepreneur in Tampa, Florida. Because Bellini Juvenile Furniture 7-31 was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

BELLINI FURNITURE
TAMPA, FL 33609

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442110 - Furniture Stores

Loan Approval Date

7/3/2002

Loan Approval Gross Amount

$213,000

Loan Approval from the SBA

Of the total $213,000 loan amount, the SBA guaranteed $159,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Bellini Juvenile Furniture 7-31 franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help generate 4 new jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Bellini Furniture

Obtaining Funding - Friends and Family

Best Livingston, New Jersey Banks for Small Business

Getting a Business Loan in New Jersey