Brooksville, Florida Entrepreneur Gets a Business Loan

Small business loans in Florida are are few and far betweeen these days. We take a look at one Florida small business loan, provided by a North Carolina bank, that was approved by the SBA.

Getting a small business loan in Brooksville, Florida was a top priority for this small company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Mountain 1st Bank & Trust. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
BROOKSVILLE, FL 34613

SBA Loan Lender

MOUNTAIN 1ST BANK & TRUST
101 JACK ST
HENDERSONVILLE, NC 28792

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541940 - Veterinary Services

Loan Approval Date

9/28/2007

Loan Approval Gross Amount

$1,425,000

Loan Approval from the SBA

Of the total $1,425,000 loan amount, the SBA guaranteed $1,068,750.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 10 employees. The loan application indicated that the loan would help generate 1 new job and retain 9 existing jobs.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? 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:

Family and Friend Investors - Your First Financiers

Small Bank Loans in Hendersonville, North Carolina

North Carolina SBA 7A Lenders