Borrowing Money for Title Abstract and Settlement Offices
With these loans for title abstract and settlement offices, the SBA guarantees the lender that the loan will be repaid. This title abstract and settlement offices loan for $693,000 was given to a Florida entrepreneur in 2004.
Getting a small business loan in Clearwater, Florida was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Community Bank Of Manatee, operating out of Bradenton, Florida. Here are the details on this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: TITLE ABSTRACT AND SETTLEMENT OFFICES
CLEARWATER, FL 33756
SBA Loan Lender
COMMUNITY BANK OF MANATEE
6000 SR 70 EAST
BRADENTON, FL 34203
This lender provides SBA bank 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
541191 - Title Abstract and Settlement Offices
Loan Approval Date
1/20/2004
Loan Approval Gross Amount
$693,000
Loan Approval from the SBA
Of the total $693,000 loan amount, the SBA guaranteed $519,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 12 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
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.
We've showcased information on this loan to let you know that businesses like yours 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:
Role of Business Plan When Raising Money
SBA Participating Banks in Bradenton, Florida
Getting an SBA Loan in Florida