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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Jacksonville, Business Loans > First Guaranty Bank & Trust - Ja Jacksonville Business Loans > Legal Services Loan | ||||
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Banks in Florida
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Bank Loans for LawyersLooking for bank loans for lawyers? Try the SBA. This $90,000 lawyers loan was issued by a Florida bank. Getting a small business loan in Jacksonville, Florida was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from First Guaranty Bank & Trust - Ja, operating out of Jacksonville, Florida. Here are the details on this Florida small business loan. SBA Loan Borrower COMPANY TYPE: LEGAL SERVICES SBA Loan Lender FIRST GUARANTY BANK & TRUST - JA This was a Low Documentation SBA loan. The SBA launched this program to limit the paperwork associated with getting a loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8111 - Legal Services NAICS Code 541110 - Lawyers Loan Approval Date 12/31/2001 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $76,500. 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 6 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. 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 First Guaranty Bank & Trust - Ja 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: SBA 7A Banks in Jacksonville, Florida SBA Participating Banks in Florida
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