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November 14, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Melbourne, Business Loans > The Bank Brevard Melbourne Business Loans > Ice Cream And Frozen Desserts Loan | ||||
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Melbourne, Florida SBA Banks
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Melbourne, Florida Bank Lends Money to Ice Cream And Frozen Desserts Company in Merritt Island, FloridaThinking about meeting with a Melbourne, Florida bank about a business loan? Here's one Florida business loan, issued by a Melbourne bank, that was approved by the SBA. Applying for an SBA loan with The Bank Brevard worked out well for our friends at one local firm in Merritt Island, Florida. They got an SBA loan for $125,000. Great job! SBA Loan Borrower COMPANY TYPE: ICE CREAM AND FROZEN DESSERTS SBA Loan Lender THE BANK BREVARD This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2024 - Ice Cream and Frozen Desserts NAICS Code 311520 - Ice Cream and Frozen Dessert Manufacturing Loan Approval Date 11/16/2000 Loan Approval Gross Amount $125,000 Loan Approval from the SBA Of the total $125,000 loan amount, the SBA guaranteed $93,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the small business promised to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Realistic Debt Financing Options Best Banks for Small Business in Melbourne, Florida
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