Borrowing Money for Telecommunications Resellers

Looking for loans for telecommunications resellers? Try the SBA. This $76,700 telecommunications resellers loan was issued by a Florida bank.

This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Amer Enter. Bank - Florida, out of Jacksonville, Florida. The loan was granted and they received $76,700 to help grow their Orange Park, Florida business.

SBA Loan Borrower

COMPANY TYPE: TELECOMMUNICATIONS RESELLERS
ORANGE PARK, FL 32073

SBA Loan Lender

AMER ENTER. BANK - FLORIDA
4655 SALISBURY RD, STE 100
JACKSONVILLE, FL 32256

This lender issued this particular small business 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.

NAICS Code

513330 - Telecommunications Resellers

Loan Approval Date

3/16/2005

Loan Approval Gross Amount

$76,700

Loan Approval from the SBA

Of the total $76,700 loan amount, the SBA guaranteed $65,195.

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 3 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Amer Enter. Bank - Florida that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

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