Jacksonville Beach, Florida Bank Gives SBA Loan to Durable Goods Wholesalers Company

Want to talk with a Jacksonville Beach, Florida bank about a business loan? Here's one Florida business loan, issued by a Jacksonville Beach bank, that was approved by the SBA.

Applying for an SBA loan with Capitalsouth Bank worked out well for our friends at one local business in Jacksonville, Florida. They received an SBA loan for $700,000. Great job!

SBA Loan Borrower

COMPANY TYPE: DURABLE GOODS WHOLESALERS
JACKSONVILLE, FL 32202

SBA Loan Lender

CAPITALSOUTH BANK
3288 S THIRD ST
JACKSONVILLE BEACH, FL 32250

This lender provides SBA small 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

421990 - Durable Goods Wholesalers

Loan Approval Date

9/5/2002

Loan Approval Gross Amount

$700,000

Loan Approval from the SBA

Of the total $700,000 loan amount, the SBA guaranteed $525,000.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 20 new jobs and retain 20 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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