Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Bank Of Pensacola Small Business Loan

 

 
Loan Census SBA Loan Info

Borrowing Money for Meat and Meat Product Merchant Wholesalers

Looking for bank loans for meat and meat product merchant wholesalers? The SBA may be the answer. This $685,000 meat and meat product merchant wholesalers loan was issued by a Florida bank.

This small firm knew how to go about getting a business bank loan. Based in Cottondale, Florida, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Bank Of Pensacola, based in Pensacola, Florida.

SBA Loan Borrower

COMPANY TYPE: MEAT AND MEAT PRODUCT MERCHANT WHOLESALERS
COTTONDALE, FL 32431

SBA Loan Lender

BANK OF PENSACOLA
125 W ROMANA ST
PENSACOLA, FL 32502

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

424470 - Meat and Meat Product Merchant Wholesalers

Loan Approval Date

7/2/2004

Loan Approval Gross Amount

$685,000

Loan Approval from the SBA

Of the total $685,000 loan amount, the SBA guaranteed $513,750.

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 9 employees. The loan application indicated that the loan would help retain 9 existing jobs.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Cottondale FL, you ought to talk with a local Cottondale SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cottondale businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Borrowing Money from Friends and Family

SBA 7A Banks for Pensacola, Florida Loans

SBA Florida Lenders