Dade City, Florida Bank Gives SBA Loan to Surveying Services Company
Thinking about meeting with a Dade City, Florida bank about a small business loan? Here's one Florida business loan, issued by a Dade City bank, that was approved by the SBA.
Applying for an SBA loan with First National Bank Of Pasco worked out well for our friends at one local company in Dade City, Florida. They got an SBA loan for $50,000. Nice!
SBA Loan Borrower
COMPANY TYPE: SURVEYING SERVICES
DADE CITY, FL 33525
SBA Loan Lender
FIRST NATIONAL BANK OF PASCO
13315 US HWY 301
DADE CITY, FL 33525
This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8713 - Surveying Services
NAICS Code
541360 - Geophysical Surveying and Mapping Services
Loan Approval Date
5/14/2001
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $42,500.
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. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
We can help you find the best banks for small businesses in Dade City or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
How Equity Dilution Works
Best Banks in Dade City, Florida
SBA Lenders in Florida