Pensacola, FL Entrepreneur Gets SBA Loan to Buy Padgett Business Service Franchise
Need a loan to invest in a Padgett Business Service franchise? Bank Of Pensacola has a history of making these loans and they are guaranteed by the SBA.
If you live near Pensacola, Florida and are interested in buying a Padgett Business Service franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2000 by Bank Of Pensacola. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
PADGETT BUSINESS SERVICES
PENSACOLA, FL 32514
SBA Loan Lender
BANK OF PENSACOLA
125 W ROMANA ST
PENSACOLA, FL 32502
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8721 - Accounting, Auditing, and Bookkeeping Services
Loan Approval Date
6/16/2000
Loan Approval Gross Amount
$48,500
Loan Approval from the SBA
Of the total $48,500 loan amount, the SBA guaranteed $38,800.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Padgett Business Service franchise. At the time of the loan, the company
had only one employee. This SBA loan request did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This SBA loan was for $48,500. How would you spend $48,500 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:
Padgett Business Services
Investor Turnoffs
Good Banks for Small Business in Pensacola, Florida
Florida SBA 7A Lenders