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December 22, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Naples, Business Loans > First Florida Bank Naples Business Loans > Firehouse Subs Orlando 2 Loan | ||||
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Raising Money in Orlando, Florida With SBA Loans
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First Florida Bank Provides SBA Loan to Buy Firehouse Subs FranchiseNeed a loan to purchase a Firehouse Subs franchise? First Florida Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Firehouse Subs franchise? If so, here's a 2003 SBA franchise loan that you should know about. First Florida Bank was the lender and the entrepreneur was based in Orlando, Florida. SBA Loan Borrower FIREHOUSE SUBS ORLANDO 2 SBA Loan Lender FIRST FLORIDA BANK This 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. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 12/1/2003 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Firehouse Subs franchise. At the time of the loan, the company had 20 employees. The SBA loan documents did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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: Getting an SBA Loan in Florida
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