Raising Money for Scenic and Sightseeing Transportation, Water
Looking for business loans for scenic and sightseeing transportation, water? Talk to a banker who works with the SBA. This $425,000 scenic and sightseeing transportation, water loan was issued by a Florida bank.
This small business knew how to go about getting a business bank loan. Based in Pensacola, Florida, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Bank Of Pensacola, based in Pensacola, Florida.
SBA Loan Borrower
COMPANY TYPE: SCENIC AND SIGHTSEEING TRANSPORTATION, WATER
PENSACOLA, FL 32507
SBA Loan Lender
BANK OF PENSACOLA
7150 N 9TH AVE
PENSACOLA, FL 32504
This lender issued this debt financing under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
487210 - Scenic and Sightseeing Transportation, Water
Loan Approval Date
3/21/2003
Loan Approval Gross Amount
$425,000
Loan Approval from the SBA
Of the total $425,000 loan amount, the SBA guaranteed $318,750.
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 loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank Of Pensacola 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:
Accountant's Role in Securing Financing
Who Lends Money to Small Businesses in Pensacola, Florida
Florida SBA Banks