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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > De Bary, Business Loans > Riverside National Bank - Florida De Bary Business Loans > Computer Facilities Management Services Loan | ||||
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SBA 7A Banks for Deltona, Florida Small Business Owners
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Loans for Computer Facilities Management ServicesWith these loans for computer facilities management services, the SBA guarantees the lender that the loan will be repaid. This computer facilities management services loan for $50,000 was given to a Florida entrepreneur in 2000. This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Riverside National Bank - Florida, out of De Bary, Florida. The loan was granted and they received $50,000 to help grow their Deltona, Florida business. SBA Loan Borrower COMPANY TYPE: COMPUTER FACILITIES MANAGEMENT SERVICES SBA Loan Lender RIVERSIDE NATIONAL BANK - FLORIDA This was a Low Documentation SBA loan. The SBA started this program to reduce the paperwork associated with getting a loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7376 - Computer Facilities Management Services NAICS Code 541513 - Computer Facilities Management Services Loan Approval Date 2/1/2000 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $40,000. 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 10 employees. The loan application did not indicate that the business planned to use the funding to hire new employees 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. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Riverside National Bank - Florida so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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:
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