Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Cape Coral, Florida Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Raising Money for Diagnostic Imaging Centers

With these business loans for diagnostic imaging centers, the SBA guarantees the lender that the loan will be repaid. This diagnostic imaging centers loan for $165,600 was given to a Florida entrepreneur in 2006.

Getting a small business loan in Cape Coral, Florida was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Eastern Financial Florida Cu, operating out of Miramar, Florida. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: MEDICAL LABORATORIES
CAPE CORAL, FL 33909

SBA Loan Lender

EASTERN FINANCIAL FLORIDA CU
3700 LAKESIDE DR
MIRAMAR, FL 33027

This lender issued this bank loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8071 - Medical Laboratories

NAICS Code

621512 - Diagnostic Imaging Centers

Loan Approval Date

12/4/2006

Loan Approval Gross Amount

$165,600

Loan Approval from the SBA

Of the total $165,600 loan amount, the SBA guaranteed $124,200.

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 2 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $165,600 loan. Remember, anyone can do it... so why not 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:

Role of Business Plan When Raising Money

Who Lends Money to Small Businesses in Miramar, Florida

SBA Florida Lenders