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November 21, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Fernandina Beach, Business Loans > First Coast Community Bank Fernandina Beach Business Loans > Limited-Service Restaurants Loan | ||||
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First Coast Community Bank
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Business Loan from First Coast Community Bank Given to Limited-Service Restaurants CompanyAn SBA loan from First Coast Community Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Jacksonville, Florida business owner got a $283,500 loan. This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with First Coast Community Bank, out of Fernandina Beach, Florida. The loan was granted and they received $283,500 to help grow their Jacksonville, Florida business. SBA Loan Borrower COMPANY TYPE: LIMITED-SERVICE RESTAURANTS SBA Loan Lender FIRST COAST COMMUNITY BANK This lender provides SBA loan for small businesses 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 722211 - Limited-Service Restaurants Loan Approval Date 10/9/2002 Loan Approval Gross Amount $283,500 Loan Approval from the SBA Of the total $283,500 loan amount, the SBA guaranteed $212,625. 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 2 employees. This SBA loan request indicated that the borrowed money would help generate 2 new jobs. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This SBA loan was for $283,500. How would you spend $283,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Who Lends Money to Small Businesses in Fernandina Beach, Florida
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