Florida Bank Loan Issued to General Long-Distance Freight Trucking Company
SBA loans in Florida are tough to come by these days. We take a look at one Florida SBA loan, provided by a Florida bank, that was approved by the SBA.
You can learn something about getting a small business loan in Orlando, Florida by studying this loan to a local business, made back in 2006. Banks like Fairwinds Cu may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: GENERAL LONG-DISTANCE FREIGHT TRUCKING
ORLANDO, FL 32837
SBA Loan Lender
FAIRWINDS CU
135 W CENTRAL BLVD, STE 1220
ORLANDO, FL 32801
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide debt financing to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
484121 - General Long-Distance Freight Trucking
Loan Approval Date
10/31/2006
Loan Approval Gross Amount
$104,250
Loan Approval from the SBA
Of the total $104,250 loan amount, the SBA guaranteed $88,613.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are working on finding money to start a business in Orlando FL, you ought to talk with a local Orlando SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Orlando businesses.
We can help you find the best banks for small businesses in Orlando or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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