Small Business Loans for Jewelry Stores
Looking for small business loans for jewelry stores? The SBA may be the answer. This $350,000 jewelry stores loan was issued by a Florida bank.
This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Community Bank Of Broward, out of Weston, Florida. The loan was granted and they received $350,000 to help grow their Hollywood, Florida business.
SBA Loan Borrower
COMPANY TYPE: JEWELRY STORES
HOLLYWOOD, FL 33020
SBA Loan Lender
COMMUNITY BANK OF BROWARD
2400 N COMMERCE PKWY, STE 200
WESTON, FL 33326
This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5944 - Jewelry Stores
NAICS Code
448310 - Jewelry Stores
Loan Approval Date
4/29/2002
Loan Approval Gross Amount
$350,000
Loan Approval from the SBA
Of the total $350,000 loan amount, the SBA guaranteed $262,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 12 employees. This SBA loan request did not indicate that the business promised to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
While you may be able to borrow money from friends and family, 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:
The Friends and Family Network
SBA 7A Lenders in Weston, Florida
Where to Get an SBA Loan Florida