Loan Census Banking News and Information
November 15, 2024  
 
 
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Florida Small Business SBA Loans

 

 
Loan Census SBA Loan Info

First Comm. Bank - Florida Gives SBA Loan to Janitorial Services Company

Would a Florida small business loan help your small business to grow and prosper? If so, you may want to talk with this Florida bank, which offers SBA loans to Florida entrepreneurs.

By giving the right information to First Comm. Bank - Florida, this Orlando, Florida business was able to get an SBA loan. To get this loan, the loan applicant gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.

SBA Loan Borrower

COMPANY TYPE: JANITORIAL SERVICES
ORLANDO, FL 32812

SBA Loan Lender

FIRST COMM. BANK - FLORIDA
945 S ORANGE AVE
ORLANDO, FL 32806

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

5/30/2001

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

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 40 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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