Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

Winter Park, Florida SBA 7A Banks

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Winter Park, Florida Bank to Get an SBA Loan

Thinking about meeting with a Winter Park, Florida bank about an SBA loan? Here's one Florida business loan, issued by a Winter Park bank, that was approved by the SBA.

Applying for an SBA loan with Bankfirst worked out well for our friends at one local firm in Winter Springs, Florida. The business was able to get an SBA loan for $1,428,600. Nice!

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
WINTER SPRINGS, FL 32708

SBA Loan Lender

BANKFIRST
1031 W MORSE BLVD, STE 323
WINTER PARK, FL 32789

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

541940 - Veterinary Services

Loan Approval Date

5/1/2006

Loan Approval Gross Amount

$1,428,600

Loan Approval from the SBA

Of the total $1,428,600 loan amount, the SBA guaranteed $1,071,450.

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 6 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 6 existing jobs.

Next Steps for Getting an SBA Loan

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

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bankfirst had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bankfirst made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Obtaining Funding - Friends and Family

Small Business Banks in Winter Park, Florida

SBA Florida Lenders