Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Banks in Gainesville, Florida That Make SBA Loans

 

 
Loan Census SBA Loan Info

Gainesville, Florida Lender Lends Money to Equipment Rental And Leasing Company

Find Gainesville, Florida banks that specialize in business loans and know how to work with entrepreneurs. Florida Citizens Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Gainesville, Florida starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Florida Citizens Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: EQUIPMENT RENTAL AND LEASING
GAINESVILLE, FL 32605

SBA Loan Lender

FLORIDA CITIZENS BANK
3919 W NEWBERRY RD
GAINESVILLE, FL 32607

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7359 - Equipment Rental and Leasing

NAICS Code

562991 - Septic Tank and Related Services

Loan Approval Date

9/18/2003

Loan Approval Gross Amount

$43,000

Loan Approval from the SBA

Of the total $43,000 loan amount, the SBA guaranteed $36,550.

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 2 employees. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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:

Attracting Investors

Find an SBA Lender in Gainesville, Florida

SBA Lenders in Florida