Small Business Loans for Lawyers
Looking for small business loans for lawyers? The SBA may be the answer. This $285,600 lawyers loan was issued by an Alabama bank.
This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Regions Bank, out of Birmingham, Alabama. The loan was granted and they received $285,600 to help grow their Orlando, Florida business.
SBA Loan Borrower
COMPANY TYPE: LAWYERS
Orlando, FL 32837
SBA Loan Lender
REGIONS BANK
417 NORTH 20TH ST
BIRMINGHAM, AL 35203
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
541110 - Lawyers
Loan Approval Date
11/19/2007
Loan Approval Gross Amount
$285,600
Loan Approval from the SBA
Of the total $285,600 loan amount, the SBA guaranteed $142,800.
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 application for the borrower indicated that the loan would help generate 4 new jobs and retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
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.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Regions Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
SBIR Funding
Small Bank Loans in Birmingham, Alabama
Alabama SBA 7A Lenders