Panama City Beach, Florida Bank Gives SBA Loan to Freight Transportation Arrangement Company
Want to talk with a Panama City Beach, Florida bank about a business loan? Here's one Florida business loan, issued by a Panama City Beach bank, that was approved by the SBA.
Applying for an SBA loan with Business Loan Center, LLC worked out well for our friends at one local company in Miami Lakes, Florida. The business was able to get an SBA loan for $33,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: FREIGHT TRANSPORTATION ARRANGEMENT
Miami Lakes, FL 33014
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
415 BECKRICH RD., STE 250
PANAMA CITY BEACH, FL 32407
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
488510 - Freight Transportation Arrangement
Loan Approval Date
6/1/2006
Loan Approval Gross Amount
$33,000
Loan Approval from the SBA
Of the total $33,000 loan amount, the SBA guaranteed $28,050.
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 only one employee. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
This company got an SBA loan. You can too! Maybe you need seed money for 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:
Obtaining Funding - How to Decide How Much to Raise
SBA Approved Banks in Panama City Beach, Florida
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