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May 16, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Springfield, Business Loans > Connecticut River Bank National As Springfield Business Loans > Clothing Stores Loan | ||||
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What Does It Take to Get a Business Loan in Winter Park, Florida?
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Clothing Stores LoansLooking for loans for clothing stores? Talk to a banker who works with the SBA. This $125,000 clothing stores loan was issued by a Vermont bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Winter Park, Florida was able to borrow $125,000 from Connecticut River Bank National As. The SBA made the loan possible by guaranteeing $93,750 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: CLOTHING STORES SBA Loan Lender CONNECTICUT RIVER BANK NATIONAL AS This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 448190 - Clothing Stores Loan Approval Date 8/10/2007 Loan Approval Gross Amount $125,000 Loan Approval from the SBA Of the total $125,000 loan amount, the SBA guaranteed $93,750. 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 45 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 51 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? 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:
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