Community So. Bank D.B.A Commun SBA Loan to Certified Public Accountants Company
Community So. Bank D.B.A Commun and the SBA work together to get business loans for growing small businesses. Here's an example of how a Florida entrepreneur was able to get a loan to take a small business to the next level.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Belleview, Florida was able to borrow $256,000 from Community So. Bank D.B.A Commun. The SBA made the loan possible by guaranteeing $192,000 of this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: CERTIFIED PUBLIC ACCOUNTANTS
Belleview, FL 34420
SBA Loan Lender
COMMUNITY SO. BANK D.B.A COMMUN
51 W MAIN ST
PARSONS, TN 38363
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541211 - Certified Public Accountants
Loan Approval Date
1/29/2008
Loan Approval Gross Amount
$256,000
Loan Approval from the SBA
Of the total $256,000 loan amount, the SBA guaranteed $192,000.
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 2 employees. The loan application indicated that the funding would help generate 2 new jobs.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a business in Belleview FL, you ought to talk with a local Belleview SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Belleview businesses.
This company got an SBA loan. You can too! Maybe you need seed money for a small 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:
Obtaining Funding From a Venture Capitalist
Small Business Banks in Parsons, Tennessee
Getting an SBA Loan in Tennessee