Loan Census Banking News and Information
December 25, 2024  
 
 
  Business Loan Information  
 

SBA Lenders That Lend to Florida Small Businesses

 

 
Loan Census SBA Loan Info

Florida SBA Loan Issued to Furniture Stores Company

FloridaSmall business loans are available to Florida small business owners through the SBA. In this case, a Pennsylvania bank provides the loan.

Getting a small business loan in Boynton Beach, Florida was a top priority for this small company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Pnc Bank, National Association. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
BOYNTON BEACH, FL 33426

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222

This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442110 - Furniture Stores

Loan Approval Date

7/6/2006

Loan Approval Gross Amount

$699,000

Loan Approval from the SBA

Of the total $699,000 loan amount, the SBA guaranteed $524,250.

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 14 employees. The SBA loan documents indicated that the loan would help retain 14 existing jobs.

Getting an SBA Loan For Your Business

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

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Business Incubators

Who Lends Money to Small Businesses in Pittsburgh, Pennsylvania

Pennsylvania SBA Banks