Boca Raton, Florida Lender Lends Money to Automatic Merchandising Machine Operators Company
Get business loans from a Boca Raton, Florida bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Comerica Bank is a Boca Raton, Florida small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Florida company.
SBA Loan Borrower
COMPANY TYPE: AUTOMATIC MERCHANDISING MACHINE OPERATORS
ORLANDO, FL 32819
SBA Loan Lender
COMERICA BANK
1800 CORPORATE BLVD NW, STE 1
BOCA RATON, FL 33431
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5962 - Automatic Merchandising Machine Operators
NAICS Code
454210 - Vending Machine Operators
Loan Approval Date
9/14/2000
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 3 employees. This SBA loan request did not indicate that the business planned to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
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:
Equity Financing
Find an SBA Lender in Boca Raton, Florida
Florida SBA 7A Lenders