Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Kissimmee, Florida Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Flooring Contractors

Looking for small business loans for flooring contractors? An SBA loan may be just what you've been looking for. This $375,000 flooring contractors loan was issued by a Florida bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Bankfirst, out of Winter Park, Florida. The loan was granted and they received $375,000 to help grow their Kissimmee, Florida business.

SBA Loan Borrower

COMPANY TYPE: FLOOR LAYING AND OTHER FLOOR WORK
KISSIMMEE, FL 34741

SBA Loan Lender

BANKFIRST
1031 W MORSE BLVD, STE 323
WINTER PARK, FL 32789

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1752 - Floor Laying and Other Floor Work

NAICS Code

238330 - Flooring Contractors

Loan Approval Date

6/16/2006

Loan Approval Gross Amount

$375,000

Loan Approval from the SBA

Of the total $375,000 loan amount, the SBA guaranteed $281,250.

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 19 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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.

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