SBA Loan from The Bank Brevard Helps Landscape Counseling And Planning Company
The Bank Brevard has a track record as a leading provider of SBA loans. Find out how this Florida entrepreneur received an SBA loan from them.
This small firm knew how to go about getting a business bank loan. Based in Melbourne, Florida, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was The Bank Brevard, based in Melbourne, Florida.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPE COUNSELING AND PLANNING
MELBOURNE, FL 32935
SBA Loan Lender
THE BANK BREVARD
300 S HARBOR CITY BLVD
MELBOURNE, FL 32901
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
0781 - Landscape Counseling and Planning
Loan Approval Date
3/21/2000
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $112,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 7 employees. This SBA loan request did not indicate that the company promised to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $150,000 loan. Remember, you control your own destiny.
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:
SBIR Funding
SBA 7A Banks for Melbourne, Florida Loans
Florida SBA 7A Banks