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November 23, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Plano, Business Loans > Beal Bank, D/b/a Beal Bank Plano Business Loans > Special Trade Contractors Loan | ||||
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Beal Bank, D/b/a Beal Bank Small Business Loan
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How to Get a Loan for Special Trade ContractorsWith these business loans for special trade contractors, the SBA guarantees the lender that the loan will be repaid. This special trade contractors loan for $290,000 was given to a Florida entrepreneur in 2001. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ft. Lauderdale, Florida was able to borrow $290,000 from Beal Bank, D/b/a Beal Bank. The SBA made the loan possible by guaranteeing $217,500 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: SPECIAL TRADE CONTRACTORS SBA Loan Lender BEAL BANK, D/B/A BEAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1799 - Special Trade Contractors NAICS Code 235990 - Special Trade Contractors Loan Approval Date 3/1/2001 Loan Approval Gross Amount $290,000 Loan Approval from the SBA Of the total $290,000 loan amount, the SBA guaranteed $217,500. 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 only one employee. This SBA loan request did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Best Plano, Texas Banks for Small Business
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