Bradenton, Florida Bank Gives SBA Loan to Amusement And Recreation Services Company
Want to talk with a Bradenton, Florida bank about a small business loan? Here's one Florida business loan, issued by a Bradenton bank, that was approved by the SBA.
Applying for an SBA loan with First Priority Bank worked out well for our friends at one local business in Bradenton, Florida. The business was able to get an SBA loan for $331,000. Great job!
SBA Loan Borrower
COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES
BRADENTON, FL 34208
SBA Loan Lender
FIRST PRIORITY BANK
4702 CORTEZ RD WEST
BRADENTON, FL 34210
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7999 - Amusement and Recreation Services
NAICS Code
713990 - Amusement and Recreation Industries
Loan Approval Date
9/27/2004
Loan Approval Gross Amount
$331,000
Loan Approval from the SBA
Of the total $331,000 loan amount, the SBA guaranteed $248,250.
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 5 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from First Priority Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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.
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