Fernandina Beach, Florida Business Gets SBA-Guaranteed Funding from First Coast Community Bank
An SBA loan from First Coast Community Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Fernandina Beach, Florida business owner got a $1,350,000 loan.
This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First Coast Community Bank, out of Fernandina Beach, Florida. The loan was granted and they received $1,350,000 to help grow their Fernandina Beach, Florida business.
SBA Loan Borrower
COMPANY TYPE: SCHOOLS AND INSTRUCTION
FERNANDINA BEACH, FL 32034
SBA Loan Lender
FIRST COAST COMMUNITY BANK
1750 S 14TH ST
FERNANDINA BEACH, FL 32034
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
611699 - Schools and Instruction
Loan Approval Date
6/7/2004
Loan Approval Gross Amount
$1,350,000
Loan Approval from the SBA
Of the total $1,350,000 loan amount, the SBA guaranteed $1,012,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,350,000 loan. Remember, if it to be, it is up to me!
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:
Business Line of Credit
SBA Participating Banks in Fernandina Beach, Florida
SBA Lenders in Florida