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

Best Banks for Longwood Businesses

 

 
Loan Census SBA Loan Info

Loan to Buy Two Men And A Truck Franchise Issued By First Comm. Bank - Florida

Need a loan to invest in a Two Men And A Truck franchise? First Comm. Bank - Florida has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Longwood, Florida needed money to invest in a Two Men And A Truck franchise back in 2004. First Comm. Bank - Florida issued an SBA franchise loan. Here are the details on this Florida small business loan.

SBA Loan Borrower

TWO MEN & A TRUCK
LONGWOOD, FL 32750

SBA Loan Lender

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

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

484210 - Used Household and Office Goods Moving

Loan Approval Date

5/20/2004

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Two Men And A Truck franchise. At the time of the loan, the company had 18 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Longwood FL, you ought to talk with a local Longwood SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Longwood businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Two Men And A Truck International, Inc.

Dealing With Venture Capitalists

SBA Banks in Orlando, Florida

Where to Get an SBA Loan Florida