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December 20, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Fort Walton Beach, Business Loans > Beach Community Bank Fort Walton Beach Business Loans > Health And Personal Care Stores Loan | ||||
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Fort Walton Beach, Florida SBA 7A Banks
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Entrepreneur Works With Fort Walton Beach, Florida Bank to Get an SBA LoanA Fort Walton Beach, Florida business loan can be yours. Learn how one firm got a $75,809 business loan from this Florida bank. This loan to an entrepreneur is a good example of an SBA loan. Beach Community Bank made the loan and the SBA guaranteed a portion of the loan. Many other Florida entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: HEALTH AND PERSONAL CARE STORES SBA Loan Lender BEACH COMMUNITY BANK This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 446199 - Health and Personal Care Stores Loan Approval Date 10/7/2004 Loan Approval Gross Amount $75,809 Loan Approval from the SBA Of the total $75,809 loan amount, the SBA guaranteed $64,437. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. 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. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Beach Community Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Banks in Fort Walton Beach, Florida Getting an SBA Loan in Florida
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