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May 8, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Tampa, Business Loans > The Bank Of Tampa Tampa Business Loans > Sporting And Recreational Goods And Supplies Loan | ||||
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Tampa, Florida Bank Loan
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Company Gets a Florida Bank LoanWould a Florida SBA loan help your business get to the next level? If so, you may want to talk with this Florida bank, which offers SBA loans to Florida entrepreneurs. By giving the right information to The Bank Of Tampa, this Tampa, Florida business was able to get an SBA loan. To get this loan, the applying company gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: SPORTING AND RECREATIONAL GOODS AND SUPPLIES SBA Loan Lender THE BANK OF TAMPA This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5091 - Sporting and Recreational Goods and Supplies NAICS Code 421910 - Sporting and Recreational Goods and Supplies Wholesalers Loan Approval Date 10/24/2001 Loan Approval Gross Amount $26,762 Loan Approval from the SBA Of the total $26,762 loan amount, the SBA guaranteed $22,747. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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:
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