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December 21, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Venice, Business Loans > Colonial Bank Venice Business Loans > Eating Places Loan | ||||
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Banks in Venice, Florida That Make SBA Loans
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Entrepreneur Works With Venice, Florida Bank to Get an SBA LoanGet business loans from a Venice, Florida bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Colonial Bank is a Venice, Florida small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Florida company. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender COLONIAL BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 9/25/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $112,500. 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 4 employees. The SBA loan documents did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: A Company That Helps Entrepreneurs SBA 7A Banks in Venice, Florida
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