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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Richmond, Business Loans > Suntrust Bank Richmond Business Loans > Support Activities For Road Transportation Loan | ||||
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Banks for Longwood, Florida Small Businesses
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Suntrust Bank Gives SBA Loan to Support Activities For Road Transportation CompanyFloridaBusiness loans are available to Florida business owners through the SBA. In this case, a Virginia bank provides the loan. This small business, based in Longwood, Florida, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Suntrust Bank. We've got the inside scoop on this Florida small business loan. SBA Loan Borrower COMPANY TYPE: SUPPORT ACTIVITIES FOR ROAD TRANSPORTATION SBA Loan Lender SUNTRUST BANK This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 488490 - Support Activities for Road Transportation Loan Approval Date 5/18/2005 Loan Approval Gross Amount $83,000 Loan Approval from the SBA Of the total $83,000 loan amount, the SBA guaranteed $41,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business If you are wondering how to raise money for 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. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Suntrust Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Family and Friend Investors - Your First Financiers Best Richmond, Virginia Banks for Small Business
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