Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Fort Myers, Florida Bank Loan

 

 
Loan Census SBA Loan Info

Raising Money for Furniture Stores

Looking for bank loans for furniture stores? An SBA loan may be just what you've been looking for. This $100,000 furniture stores loan was issued by a Florida bank.

This small firm knew how to go about getting a business bank loan. Based in Fort Myers, Florida, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Busey Bank, based in Fort Myers, Florida.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
FORT MYERS, FL 33907

SBA Loan Lender

BUSEY BANK
7980 SUMMERLIN LAKES DRIVE
FORT MYERS, FL 33907

This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

442110 - Furniture Stores

Loan Approval Date

5/24/2001

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Banking Deregulation's Effects on Entrepreneurship

SBA Approved Banks in Fort Myers, Florida

SBA Lenders in Florida