Bradenton, Florida Lender Lends Money to Wood Product Manufacturing Company
Want to talk with a Bradenton, Florida bank about an SBA loan? Here's one Florida business loan, issued by a Bradenton bank, that was approved by the SBA.
Applying for an SBA loan with Community Bank Of Manatee worked out well for our friends at one local firm in Palm Harbor, Florida. The business was able to get an SBA loan for $638,000. Great job!
SBA Loan Borrower
COMPANY TYPE: WOOD PRODUCT MANUFACTURING
PALM HARBOR, FL 34683
SBA Loan Lender
COMMUNITY BANK OF MANATEE
6000 SR 70 EAST
BRADENTON, FL 34203
This lender provides SBA loan for small businesses 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
321999 - Wood Product Manufacturing
Loan Approval Date
10/20/2005
Loan Approval Gross Amount
$638,000
Loan Approval from the SBA
Of the total $638,000 loan amount, the SBA guaranteed $478,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. 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 15 new jobs and retain 16 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Community Bank Of Manatee that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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 Business Banks in Bradenton, Florida
Florida SBA Banks