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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Nursing Care Facilities Loan | ||||
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California Bank SBA Loans
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Margate, Florida Business Gets SBA-Guaranteed Funding from Temecula Valley BankTemecula Valley Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Florida entrepreneur was able to get a loan to take a small business to the next level. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Margate, Florida was able to borrow $898,300 from Temecula Valley Bank. The SBA made the loan possible by guaranteeing $673,725 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: NURSING CARE FACILITIES SBA Loan Lender TEMECULA VALLEY BANK This SBA 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. NAICS Code 623110 - Nursing Care Facilities Loan Approval Date 4/16/2007 Loan Approval Gross Amount $898,300 Loan Approval from the SBA Of the total $898,300 loan amount, the SBA guaranteed $673,725. 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 65 employees. This SBA loan request indicated that the loan would help generate 15 new jobs and retain 50 existing jobs. Getting an SBA Loan For Your Business If you want money for new small business in Margate FL, you ought to talk with a local Margate SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Margate businesses. This SBA loan was for $898,300. How would you spend $898,300 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. Related Links: SBA 7A Banks in Temecula, California
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