Financing for Vocational Rehabilitation Services

With these commercial loans for vocational rehabilitation services, the SBA guarantees the lender that the loan will be repaid. This vocational rehabilitation services loan for $100,000 was given to a Florida entrepreneur in 2001.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Desjardins Bank, out of Hallandale Beach, Florida. The loan was granted and they received $100,000 to help grow their Hollywood, Florida business.

SBA Loan Borrower

COMPANY TYPE: JOB TRAINING AND VOCATIONAL REHABILITATION SERVICE
HOLLYWOOD, FL 33021

SBA Loan Lender

DESJARDINS BANK
1001 E HALLANDALE BEACH BLVD
HALLANDALE BEACH, FL 33009

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8331 - Job Training and Vocational Rehabilitation Service

NAICS Code

624310 - Vocational Rehabilitation Services

Loan Approval Date

4/3/2001

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Hollywood or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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 - Friends and Family

Good Banks for Small Business in Hallandale Beach, Florida

SBA Lenders in Florida