Raising Money for Ground or Treated Mineral and Earth Manufacturing

Looking for business loans for ground or treated mineral and earth manufacturing? The SBA may be the answer. This $750,000 ground or treated mineral and earth manufacturing loan was issued by a Florida bank.

Getting a small business loan in Ft. Myers, Florida was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Busey Bank, operating out of Fort Myers, Florida. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: MINERALS AND EARTHS, GROUND OR OTHERWISE TREATED
FT. MYERS, FL 33912

SBA Loan Lender

BUSEY BANK
7980 SUMMERLIN LAKES DRIVE
FORT MYERS, FL 33907

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3295 - Minerals and Earths, Ground or Otherwise Treated

NAICS Code

327992 - Ground or Treated Mineral and Earth Manufacturing

Loan Approval Date

8/14/2003

Loan Approval Gross Amount

$750,000

Loan Approval from the SBA

Of the total $750,000 loan amount, the SBA guaranteed $562,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 33 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a company in Ft. Myers FL, you ought to talk with a local Ft. Myers SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ft. Myers businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Busey Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Obtaining Funding - Getting Venture Capital

Small Business Banks in Fort Myers, Florida

Florida SBA 7A Lenders