Company Gets a Florida SBA Loan

FloridaSBA loans are available to Florida entrepreneurs through the SBA. In this case, a Florida bank provides the loan.

Getting a small business loan in Orlando, Florida was a top priority for this particular business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Bankfirst. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
ORLANDO, FL 32807

SBA Loan Lender

BANKFIRST
13207 W COLONIAL DR
WINTER GARDEN, FL 34787

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

541940 - Veterinary Services

Loan Approval Date

12/13/2001

Loan Approval Gross Amount

$1,555,000

Loan Approval from the SBA

Of the total $1,555,000 loan amount, the SBA guaranteed $999,990.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 15 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bankfirst had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bankfirst made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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

Banks in Winter Garden, Florida

Where to Get an SBA Loan Florida