Local Business Gets a Florida Bank Loan
FloridaBusiness loans are available to Florida business owners through the SBA. In this case, a Florida bank provides the loan.
Getting a small business loan in Jacksonville, Florida was a top priority for this SBA-financed company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Centerbank - Jacksonville. Here are the details on this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: DATA PROCESSING SERVICES
JACKSONVILLE, FL 32256
SBA Loan Lender
CENTERBANK - JACKSONVILLE
1325 HENDRICKS AVE
JACKSONVILLE, FL 32207
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
514210 - Data Processing Services
Loan Approval Date
4/18/2002
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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 15 employees. The loan application did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We can help you find the best banks for small businesses in Jacksonville 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.
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