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November 23, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Hartford, Business Loans > Business Lenders, LLC Hartford Business Loans > Hotels And Motels Loan | ||||
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Raising Money in Kissimmee, Florida With SBA Loans
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Business Lenders, LLC Gives Bank Loan to Hotels And Motels CompanyLooking to get a Florida small business loan? This Florida entrepreneur got a small business loan, provided by a Connecticut bank that works with the SBA to help small business owners. By giving the right information to Business Lenders, LLC, this Kissimmee, Florida business was able to get an SBA loan. To get this loan, the loan applicant gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: HOTELS AND MOTELS SBA Loan Lender BUSINESS LENDERS, LLC SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7011 - Hotels and Motels NAICS Code 721110 - Hotels and Motels Loan Approval Date 5/22/2000 Loan Approval Gross Amount $747,000 Loan Approval from the SBA Of the total $747,000 loan amount, the SBA guaranteed $560,250. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We can help you find the best banks for small businesses in Kissimmee or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Best Banks in Hartford, Connecticut
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