Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Orlando, Florida Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Martinizing Dry Cleaning Franchise

Need a loan to purchase a Martinizing Dry Cleaning franchise? Orlando National Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Martinizing Dry Cleaning franchise shouldn't be too tough. In 2004, Orlando National Bank issued an SBA franchise loan to an entrepreneur in Orlando, Florida. Because Martinizing Dry Cleaning was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

MARTINIZING DRY CLEANING
ORLANDO, FL 32837

SBA Loan Lender

ORLANDO NATIONAL BANK
502 N HWY 17-92
LONGWOOD, FL 32750

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812320 - Drycleaning and Laundry Services

Loan Approval Date

1/22/2004

Loan Approval Gross Amount

$118,000

Loan Approval from the SBA

Of the total $118,000 loan amount, the SBA guaranteed $100,300.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Martinizing Dry Cleaning franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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.

Related Links:

Martinizing Dry Cleaning

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SBA 7A Lenders in Longwood, Florida

Getting an SBA Loan in Florida