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November 21, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Panama City Beach, Business Loans > Business Loan Center, LLC Panama City Beach Business Loans > Direct Life Insurance Carriers Loan | ||||
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Ocala, Florida Bank Loan
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Business Loans for Direct Life Insurance CarriersWith these business loans for direct life insurance carriers, the SBA guarantees the lender that the loan will be repaid. This direct life insurance carriers loan for $50,000 was given to a Florida entrepreneur in 2006. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ocala, Florida was able to borrow $50,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $42,500 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: DIRECT LIFE INSURANCE CARRIERS SBA Loan Lender BUSINESS LOAN CENTER, LLC The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA business loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 524113 - Direct Life Insurance Carriers Loan Approval Date 9/6/2006 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. 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. Next Steps for Getting an SBA Loan If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great way to raise money We can help you find the best banks for small businesses in Ocala 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: How Much Venture Capital Is There? Good Banks for Small Business in Panama City Beach, Florida Getting an SBA Loan in Florida
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