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November 14, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > West Palm Beach, Business Loans > National City Bank West Palm Beach Business Loans > Jewelry Stores Loan | ||||
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West Palm Beach Bank Loan
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West Palm Beach, Florida Lender Lends Money to Jewelry Stores CompanyWant to talk with a West Palm Beach, Florida bank about a small business loan? Here's one Florida business loan, issued by a West Palm Beach bank, that was approved by the SBA. Applying for an SBA loan with National City Bank worked out well for our friends at one local company in Jupiter, Florida. They received an SBA loan for $61,200. Great job! SBA Loan Borrower COMPANY TYPE: JEWELRY STORES SBA Loan Lender NATIONAL CITY BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5944 - Jewelry Stores NAICS Code 448310 - Jewelry Stores Loan Approval Date 11/9/2000 Loan Approval Gross Amount $61,200 Loan Approval from the SBA Of the total $61,200 loan amount, the SBA guaranteed $48,960. 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 4 employees. The loan application did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Banking Deregulation's Effects on Entrepreneurship SBA 7A Banks in West Palm Beach, Florida
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