Orlando, Florida Bank Lends Money to Eating Places Company in Kissimmee, Florida

Get business loans from an Orlando, Florida bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

First Comm. Bank - Florida is a Orlando, Florida small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Florida company.

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
KISSIMMEE, FL 34744

SBA Loan Lender

FIRST COMM. BANK - FLORIDA
945 S ORANGE AVE
ORLANDO, FL 32806

This commercial 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

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

8/12/2003

Loan Approval Gross Amount

$231,000

Loan Approval from the SBA

Of the total $231,000 loan amount, the SBA guaranteed $173,250.

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 15 employees. This SBA loan request did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a business in Kissimmee FL, you ought to talk with a local Kissimmee SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kissimmee businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $231,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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