Commercial Equipment Merchant Wholesalers Commercial Loans
Looking for commercial loans for commercial equipment merchant wholesalers? An SBA loan may be just what you've been looking for. This $250,000 commercial equipment merchant wholesalers loan was issued by a Florida bank.
This business knew how to go about getting a business bank loan. Based in Orlando, Florida, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Bankfirst, based in Winter Park, Florida.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL EQUIPMENT MERCHANT WHOLESALERS
ORLANDO, FL 32810
SBA Loan Lender
BANKFIRST
1031 W MORSE BLVD, STE 323
WINTER PARK, FL 32789
This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
423440 - Commercial Equipment Merchant Wholesalers
Loan Approval Date
2/26/2007
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $125,000.
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 20 employees. The SBA loan application for the borrower indicated that the loan would help retain 20 existing jobs.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Business Credit Evaluation
Best Winter Park, Florida Banks for Small Business
SBA Lenders in Florida