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December 22, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Homestead, Business Loans > Community Bank Of Florida Homestead Business Loans > Book Stores Loan | ||||
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Small Business Banks in Florida
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Raising Money for Book StoresWith these business loans for book stores, the SBA guarantees the lender that the loan will be repaid. This book stores loan for $150,000 was given to a Florida entrepreneur in 2006. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Homestead, Florida was able to borrow $150,000 from Community Bank Of Florida. The SBA made the loan possible by guaranteeing $127,500 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: BOOK STORES SBA Loan Lender COMMUNITY BANK OF FLORIDA SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 451211 - Book Stores Loan Approval Date 10/18/2006 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for a new 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 4 employees. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan If you are raising money in Homestead FL, you ought to talk with a local Homestead SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Homestead businesses. 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: Small Bank Loans in Homestead, Florida
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