Getting an SBA Loan for Sign Manufacturing

Looking for commercial loans for sign manufacturing? The SBA may be the answer. This $1,263,000 sign manufacturing loan was issued by a Florida bank.

This business knew how to go about getting a business bank loan. Based in De Land, Florida, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was First National Bank - Nassau Cnty, based in Fernandina Beach, Florida.

SBA Loan Borrower

COMPANY TYPE: SIGN MANUFACTURING
DE LAND, FL 32720

SBA Loan Lender

FIRST NATIONAL BANK - NASSAU CNTY
1891 S 14TH ST
FERNANDINA BEACH, FL 32034

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

339950 - Sign Manufacturing

Loan Approval Date

3/25/2005

Loan Approval Gross Amount

$1,263,000

Loan Approval from the SBA

Of the total $1,263,000 loan amount, the SBA guaranteed $947,250.

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 37 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 37 existing jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First National Bank - Nassau Cnty and they will explain how you can get an SBA loan for your company.

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:

Advice on Getting a Small Business Loan

SBA Approved Banks in Fernandina Beach, Florida

SBA Florida Lenders