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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Destin, Business Loans > 1st National Bank - Florida Destin Business Loans > Computer Programming Services Loan | ||||
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Raising Money in Destin, Florida With SBA Loans
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How to Get a Loan for Custom Computer Programming ServicesLooking for business loans for custom computer programming services? An SBA loan may be just what you've been looking for. This $252,200 custom computer programming services loan was issued by a Florida bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Destin, Florida was able to borrow $252,200 from 1st National Bank - Florida. The SBA made the loan possible by guaranteeing $189,150 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: COMPUTER PROGRAMMING SERVICES SBA Loan Lender 1ST NATIONAL BANK - FLORIDA This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7371 - Computer Programming Services NAICS Code 541511 - Custom Computer Programming Services Loan Approval Date 3/17/2000 Loan Approval Gross Amount $252,200 Loan Approval from the SBA Of the total $252,200 loan amount, the SBA guaranteed $189,150. 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 8 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like 1st National Bank - Florida are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Family and Friend Investors - Your First Financiers Find an SBA Lender in Destin, Florida Getting a Business Loan in Florida
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