Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

SBA Lender West Palm Beach

 

 
Loan Census SBA Loan Info

West Palm Beach, Florida Lender Lends Money to Health And Allied Services Company

Get to know West Palm Beach, Florida banks that specialize in SBA loans and know how to work with entrepreneurs. National City Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Lake Worth, Florida starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from National City Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: HEALTH AND ALLIED SERVICES
LAKE WORTH, FL 33461

SBA Loan Lender

NATIONAL CITY BANK
205 DATURA ST
WEST PALM BEACH, FL 33401

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

8099 - Health and Allied Services

Loan Approval Date

3/9/2000

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $64,000.

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 3 employees. This SBA loan request did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money

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:

Obtaining Funding - Getting Venture Capital

SBA Approved Banks in West Palm Beach, Florida

Florida SBA 7A Lenders