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December 22, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Boca Raton, Business Loans > 1st United Bank Boca Raton Business Loans > Carpet And Upholstery Cleaning Loan | ||||
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SBA Lender Boca Raton
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Boca Raton, Florida Bank Lends Money to Carpet And Upholstery Cleaning Company in Boynton Beach, FloridaThinking about meeting with a Boca Raton, Florida bank about an SBA loan? Here's one Florida business loan, issued by a Boca Raton bank, that was approved by the SBA. Applying for an SBA loan with 1st United Bank worked out well for our friends at one local firm in Boynton Beach, Florida. They received an SBA loan for $110,000. Great job! SBA Loan Borrower COMPANY TYPE: CARPET AND UPHOLSTERY CLEANING SBA Loan Lender 1ST UNITED BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7217 - Carpet and Upholstery Cleaning NAICS Code 561740 - Carpet and Upholstery Cleaning Services Loan Approval Date 9/27/2002 Loan Approval Gross Amount $110,000 Loan Approval from the SBA Of the total $110,000 loan amount, the SBA guaranteed $93,500. 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 only one employee. The SBA loan documents did not indicate that the company promised to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This company got an SBA loan. You can too! Maybe you want money for start up 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: SBA 7A Lenders in Boca Raton, Florida Getting a Business Loan in Florida
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