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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Altamonte Springs, Business Loans > Peoples First Community Bank Altamonte Springs Business Loans > Personal Services Loan | ||||
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Florida SBA Banks
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Entrepreneur Works With Altamonte Springs, Florida Bank to Get an SBA LoanThinking about meeting with an Altamonte Springs, Florida bank about a small business loan? Here's one Florida business loan, issued by an Altamonte Springs bank, that was approved by the SBA. Applying for an SBA loan with Peoples First Community Bank worked out well for our friends at one local firm in Oviedo, Florida. They got an SBA loan for $30,000. Nice! SBA Loan Borrower COMPANY TYPE: PERSONAL SERVICES SBA Loan Lender PEOPLES FIRST COMMUNITY BANK This lender issued this commercial loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7299 - Personal Services Loan Approval Date 4/19/2000 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $24,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the business promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? 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: Good Banks for Small Business in Altamonte Springs, Florida
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