Winter Park, Florida Lender Lends Money to Full-Service Restaurants Company
A Winter Park, Florida small business loan can be yours. Learn how a company got a $552,000 business loan from this Florida bank.
This loan to an entrepreneur is a good example of an SBA loan. Bankfirst made the loan and the SBA guaranteed a portion of the loan. Many other Florida entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
LEESBURG, FL 34748
SBA Loan Lender
BANKFIRST
1031 W MORSE BLVD, STE 323
WINTER PARK, FL 32789
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
5/19/2005
Loan Approval Gross Amount
$552,000
Loan Approval from the SBA
Of the total $552,000 loan amount, the SBA guaranteed $414,000.
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 15 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 15 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
This SBA loan was for $552,000. How would you spend $552,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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Getting an SBA Loan in Florida