SBA Loans for Colleges, Universities, and Professional Schools

With these SBA loans for colleges, universities, and professional schools, the SBA guarantees the lender that the loan will be repaid. This colleges, universities, and professional schools loan for $520,500 was given to a Florida entrepreneur in 2000.

This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Cnlbank, out of Orlando, Florida. The loan was granted and they received $520,500 to help grow their Orlando, Florida business.

SBA Loan Borrower

COMPANY TYPE: COLLEGES, UNIVERSITIES, AND PROFESSIONAL SCHOOLS
ORLANDO, FL 32809

SBA Loan Lender

CNLBANK
450 S ORANGE AVE
ORLANDO, FL 32801

This SBA bank 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.

SIC Code

8221 - Colleges, Universities, and Professional Schools

NAICS Code

611310 - Colleges, Universities, and Professional Schools

Loan Approval Date

12/15/2000

Loan Approval Gross Amount

$520,500

Loan Approval from the SBA

Of the total $520,500 loan amount, the SBA guaranteed $390,375.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 19 employees. The SBA loan documents did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Cnlbank 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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