Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Who Lends Money to Jacksonville Entrepreneurs

 

 
Loan Census SBA Loan Info

Centerbank - Jacksonville Gives Business Loan to Eating Places Company

FloridaSBA loans are available to Florida entrepreneurs through the SBA. In this case, a Florida bank provides the loan.

You can learn something about getting a small business loan in Jacksonville, Florida by studying this loan to a local business, made back in 2002. Banks like Centerbank - Jacksonville may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
JACKSONVILLE, FL 32205

SBA Loan Lender

CENTERBANK - JACKSONVILLE
1325 HENDRICKS AVE
JACKSONVILLE, FL 32207

This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

9/26/2002

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 an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 24 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Centerbank - Jacksonville and they will explain how you can get an SBA loan for your company.

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:

Dealing With Venture Capitalists

SBA 7A Banks in Jacksonville, Florida

Find an SBA Lender in Florida