Raising Money for Flooring Contractors
Looking for bank loans for flooring contractors? The SBA may be the answer. This $208,000 flooring contractors loan was issued by a Florida bank.
This company knew how to go about getting a business bank loan. Based in Orange Park, Florida, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was First Coast Community Bank, based in Fernandina Beach, Florida.
SBA Loan Borrower
COMPANY TYPE: FLOORING CONTRACTORS
Orange Park, FL 32065
SBA Loan Lender
FIRST COAST COMMUNITY BANK
1750 S 14TH ST
FERNANDINA BEACH, FL 32034
This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
238330 - Flooring Contractors
Loan Approval Date
12/22/2005
Loan Approval Gross Amount
$208,000
Loan Approval from the SBA
Of the total $208,000 loan amount, the SBA guaranteed $156,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 2 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Understanding Dilution
Small Business Banks in Fernandina Beach, Florida
SBA Lenders in Florida