Raising Money for Professional, Scientific, and Technical Services

Looking for bank loans for professional, scientific, and technical services? Try the SBA. This $968,000 professional, scientific, and technical services loan was issued by a Florida bank.

This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Bank Of Pensacola, out of Pensacola, Florida. The loan was granted and they received $968,000 to help grow their Milton, Florida business.

SBA Loan Borrower

COMPANY TYPE: PROFESSIONAL, SCIENTIFIC, AND TECHNICAL SERVICES
MILTON, FL 32583

SBA Loan Lender

BANK OF PENSACOLA
125 W ROMANA ST
PENSACOLA, FL 32502

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541990 - Professional, Scientific, and Technical Services

Loan Approval Date

7/2/2003

Loan Approval Gross Amount

$968,000

Loan Approval from the SBA

Of the total $968,000 loan amount, the SBA guaranteed $726,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 8 employees. The loan application did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start business in Milton FL, you ought to talk with a local Milton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Milton businesses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? 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:

The Art of Bootstrapping

Small Business Banks in Pensacola, Florida

Getting an SBA Loan in Florida