Orlando, Florida Lender Lends Money to Jewelry Stores Company
An Orlando, Florida SBA loan can be yours. Learn how a business got a $150,000 business loan from this Florida bank.
This loan to an entrepreneur is a good example of an SBA loan. First Comm. Bank - Florida made the loan and the SBA guaranteed a portion of the loan. Many other Florida entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: JEWELRY STORES
ORLANDO, FL 32817
SBA Loan Lender
FIRST COMM. BANK - FLORIDA
945 S ORANGE AVE
ORLANDO, FL 32806
This loan for a small business was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA delivers a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
448310 - Jewelry Stores
Loan Approval Date
4/15/2004
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 an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
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.
Related Links:
Advice on Getting a Small Business Loan
Small Business Banks in Orlando, Florida
Florida SBA 7A Banks