Orlando, Florida Bank Gives SBA Loan to Business Consulting Services Company
Get business loans from an Orlando, Florida bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Banco Popular is a Orlando, 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: BUSINESS CONSULTING SERVICES
ORLANDO, FL 32824
SBA Loan Lender
BANCO POPULAR
8523 COMMODITY CIR
ORLANDO, FL 32819
This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with appliying for an SBA loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8748 - Business Consulting Services
NAICS Code
541690 - Scientific and Technical Consulting Services
Loan Approval Date
5/14/2003
Loan Approval Gross Amount
$45,500
Loan Approval from the SBA
Of the total $45,500 loan amount, the SBA guaranteed $38,675.
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 6 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Banco Popular are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.
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