Fruit and Vegetable Markets Loans
With these loans for fruit and vegetable markets, the SBA guarantees the lender that the loan will be repaid. This fruit and vegetable markets loan for $25,000 was given to a Florida entrepreneur in 2000.
This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Busey Bank, out of Champaign, Illinois. The loan was granted and they received $25,000 to help grow their Fort Myers Beach, Florida business.
SBA Loan Borrower
COMPANY TYPE: FRUIT AND VEGETABLE MARKETS
FORT MYERS BEACH, FL 33931
SBA Loan Lender
BUSEY BANK
100 W UNIVERSITY AVE
CHAMPAIGN, IL 61820
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5431 - Fruit and Vegetable Markets
NAICS Code
445230 - Fruit and Vegetable Markets
Loan Approval Date
11/30/2000
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $20,000.
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 2 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Busey Bank 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.
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The Art of Bootstrapping
SBA 7A Banks for Champaign, Illinois Loans
Getting a Business Loan in Illinois