Raising Money for Computer Peripheral Equipment Manufacturing

With these business loans for computer peripheral equipment manufacturing, the SBA guarantees the lender that the loan will be repaid. This computer peripheral equipment manufacturing loan for $50,000 was given to a Florida entrepreneur in 2007.

This small business knew how to go about getting a business bank loan. Based in Green Cove Springs, Florida, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was First Coast Community Bank, based in Fernandina Beach, Florida.

SBA Loan Borrower

COMPANY TYPE: COMPUTER PERIPHERAL EQUIPMENT MANUFACTURING
Green Cove Springs, FL 32043

SBA Loan Lender

FIRST COAST COMMUNITY BANK
1750 S 14TH ST
FERNANDINA BEACH, FL 32034

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

334119 - Computer Peripheral Equipment Manufacturing

Loan Approval Date

11/26/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

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 only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Debt Financing

Small Bank Loans in Fernandina Beach, Florida

Florida SBA Banks