Longwood, Florida Bank Gives SBA Loan to Motion Picture Theaters Company
Get SBA loans from a Longwood, Florida bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Orlando National Bank is a Longwood, Florida small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Florida company.
SBA Loan Borrower
COMPANY TYPE: MOTION PICTURE THEATERS
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
512131 - Motion Picture Theaters
Loan Approval Date
5/26/2004
Loan Approval Gross Amount
$600,000
Loan Approval from the SBA
Of the total $600,000 loan amount, the SBA guaranteed $450,000.
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 40 employees. The SBA loan application for the borrower indicated that the loan would help generate 20 new jobs and retain 40 existing jobs.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Business Credit Evaluation
Where to Get an SBA Loan in Longwood, Florida
SBA Lenders in Florida