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May 8, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Tampa, Business Loans > Southern Comm. Bank Tampa Business Loans > Glass Products, Made Of Purchased Glass Loan | ||||
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Florida Bank SBA Loans
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SBA Loan from Southern Comm. Bank Helps Glass Products, Made Of Purchased Glass CompanySouthern Comm. Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Florida entrepreneur was able to get a loan to take a small business to the next level. This business knew how to go about getting a business bank loan. Based in Tampa, Florida, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Southern Comm. Bank, based in Tampa, Florida. SBA Loan Borrower COMPANY TYPE: GLASS PRODUCTS, MADE OF PURCHASED GLASS SBA Loan Lender SOUTHERN COMM. BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3231 - Glass Products, Made of Purchased Glass NAICS Code 327215 - Glass Product Manufacturing Made of Purchased Glass Loan Approval Date 10/16/2000 Loan Approval Gross Amount $157,200 Loan Approval from the SBA Of the total $157,200 loan amount, the SBA guaranteed $117,900. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 22 employees. The SBA loan documents did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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 Tampa, Florida Getting an SBA Loan in Florida
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