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December 20, 2024  
 
 
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Orlando, Florida Bank Loan

 

 
Loan Census SBA Loan Info

Lighting Equipment Manufacturing Small Business Loans

With these small business loans for lighting equipment manufacturing, the SBA guarantees the lender that the loan will be repaid. This lighting equipment manufacturing loan for $120,000 was given to a Florida entrepreneur in 2000.

This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Bankfirst, out of Winter Garden, Florida. The loan was granted and they received $120,000 to help grow their Orlando, Florida business.

SBA Loan Borrower

COMPANY TYPE: LIGHTING EQUIPMENT
ORLANDO, FL 32824

SBA Loan Lender

BANKFIRST
13207 W COLONIAL DR
WINTER GARDEN, FL 34787

This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3648 - Lighting Equipment

NAICS Code

335129 - Lighting Equipment Manufacturing

Loan Approval Date

7/12/2000

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $90,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 32 employees. The SBA loan documents did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $120,000 loan. Remember, fight for what you want, and it will be yours!

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

Best Winter Garden, Florida Banks for Small Business

Florida SBA 7A Lenders