Business Loan from Synovus Bank Of Tampa Bay Given to Child And Youth Services Company

An SBA loan from Synovus Bank Of Tampa Bay typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Palm Harbor, Florida business owner got a $281,800 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Palm Harbor, Florida was able to borrow $281,800 from Synovus Bank Of Tampa Bay. The SBA made the loan possible by guaranteeing $211,350 of this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: CHILD AND YOUTH SERVICES
PALM HARBOR, FL 34683

SBA Loan Lender

SYNOVUS BANK OF TAMPA BAY
333 THIRD AVE NORTH
SAINT PETERSBURG, FL 33701

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624110 - Child and Youth Services

Loan Approval Date

4/11/2001

Loan Approval Gross Amount

$281,800

Loan Approval from the SBA

Of the total $281,800 loan amount, the SBA guaranteed $211,350.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 11 employees. The loan application indicated that the loan would help retain 11 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are raising money in Palm Harbor FL, you ought to talk with a local Palm Harbor SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Palm Harbor businesses.

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:

Obtaining Funding - Friends and Family

SBA Participating Banks in Saint Petersburg, Florida

Florida SBA 7A Lenders