First St. Bank - Florida Keys Gives Business Loan to Warm Air Heating And Air Conditioning Equipment Company

Searching for a Florida small business loan? This Florida entrepreneur got a small business loan, provided by a Florida bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Key West, Florida by studying this loan to a local company, made back in 2002. Banks like First St. Bank - Florida Keys may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: WARM AIR HEATING AND AIR CONDITIONING EQUIPMENT
KEY WEST, FL 33040

SBA Loan Lender

FIRST ST. BANK - FLORIDA KEYS
1201 SIMONTON ST
KEY WEST, FL 33041

This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5075 - Warm Air Heating and Air Conditioning Equipment

NAICS Code

421730 - Warm Air Heating and Air-Conditioning Equipment and Suppplies Wholesalers

Loan Approval Date

1/9/2002

Loan Approval Gross Amount

$180,000

Loan Approval from the SBA

Of the total $180,000 loan amount, the SBA guaranteed $135,000.

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 6 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First St. Bank - Florida Keys are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Small Business Loan

Small Business Banks in Key West, Florida

Getting an SBA Loan in Florida