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December 20, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Jacksonville, Business Loans > Peoples First Community Bank Jacksonville Business Loans > Groceries And Related Products Loan | ||||
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Florida Bank SBA Loans
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Peoples First Community Bank SBA Loan to Groceries And Related Products CompanyWant a Florida business loan? Here's one Florida business loan that was approved by the SBA. This growing firm needed an SBA business loan in Jacksonville, Florida back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Peoples First Community Bank, operating out of Jacksonville, Florida. Here are the details on this Florida small business loan. SBA Loan Borrower COMPANY TYPE: GROCERIES AND RELATED PRODUCTS SBA Loan Lender PEOPLES FIRST COMMUNITY BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5149 - Groceries and Related Products Loan Approval Date 7/20/2000 Loan Approval Gross Amount $430,000 Loan Approval from the SBA Of the total $430,000 loan amount, the SBA guaranteed $322,500. More Information on This SBA Loan The borrower borrowed this money for an existing 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 7 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Peoples First Community Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Family and Friend Investors - Your First Financiers SBA Approved Banks in Jacksonville, Florida
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