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November 21, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Houston, Business Loans > Small Business Loan Source LLC Houston Business Loans > Shellfish Loan | ||||
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Raising Money in Mayport, Florida With SBA Loans
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Shellfish Fishing SBA LoansLooking for SBA loans for shellfish fishing? Try the SBA. This $200,000 shellfish fishing loan was issued by a Texas bank. This small business knew how to go about getting a business bank loan. Based in Mayport, Florida, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Small Business Loan Source LLC, based in Houston, Texas. SBA Loan Borrower COMPANY TYPE: SHELLFISH SBA Loan Lender SMALL BUSINESS LOAN SOURCE LLC This lender issued this SBA bank loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0913 - Shellfish NAICS Code 114112 - Shellfish Fishing Loan Approval Date 2/28/2001 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. 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 6 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business If you need money to start a business or need money for an existing business, an SBA loan can be a great funding source 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: Find an SBA Lender in Houston, Texas
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