Financing for Services to Buildings and Dwellings

With these commercial loans for services to buildings and dwellings, the SBA guarantees the lender that the loan will be repaid. This services to buildings and dwellings loan for $37,000 was given to a Florida entrepreneur in 2001.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Palm Bay, Florida was able to borrow $37,000 from The Bank Brevard. The SBA made the loan possible by guaranteeing $31,450 of this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICES
PALM BAY, FL 32907

SBA Loan Lender

THE BANK BREVARD
300 S HARBOR CITY BLVD
MELBOURNE, FL 32901

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7389 - Business Services

NAICS Code

561790 - Services to Buildings and Dwellings

Loan Approval Date

3/22/2001

Loan Approval Gross Amount

$37,000

Loan Approval from the SBA

Of the total $37,000 loan amount, the SBA guaranteed $31,450.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start business in Palm Bay FL, you ought to talk with a local Palm Bay SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Palm Bay businesses.

This SBA loan was for $37,000. How would you spend $37,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Getting a Small Business Loan

Small Bank Loans in Melbourne, Florida

Getting a Business Loan in Florida