Florida Entrepreneur Secures Financing to Buy Glass Doctor Franchise

Borrowing money to invest in a Glass Doctor franchise? Florida Citizens Bank has a history of making these loans and they are guaranteed by the SBA.

Glass Doctor franchise loans are available to Gainesville, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Florida Citizens Bank, based in Gainesville, Florida, issued an SBA franchise loan for a Glass Doctor franchise in 2000. We've got all the details on this Florida small business loan.

SBA Loan Borrower

THE GLASS DOCTOR
GAINESVILLE, FL 32608

SBA Loan Lender

FLORIDA CITIZENS BANK
3919 W NEWBERRY RD
GAINESVILLE, FL 32607

This was a Low Documentation SBA loan. The SBA started this program to reduce the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3231 - Glass Products, Made of Purchased Glass

NAICS Code

327215 - Glass Product Manufacturing Made of Purchased Glass

Loan Approval Date

4/24/2000

Loan Approval Gross Amount

$128,000

Loan Approval from the SBA

Of the total $128,000 loan amount, the SBA guaranteed $96,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Glass Doctor franchise. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to hire new 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.

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:

Glass Doctor

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Small Business Banks in Gainesville, Florida

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