Business Loan from Charlotte State Bank Given to Skilled Nursing Care Facilities Company
An SBA loan from Charlotte State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Punta Gorda, Florida business owner got a $149,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Punta Gorda, Florida was able to borrow $149,000 from Charlotte State Bank. The SBA made the loan possible by guaranteeing $126,650 of this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: SKILLED NURSING CARE FACILITIES
PUNTA GORDA, FL 33983
SBA Loan Lender
CHARLOTTE STATE BANK
1100 TAMIAMI TRL
PORT CHARLOTTE, FL 33953
At the time this loan was granted, this bank was part of the SBA's Certified Lenders Program (CLP). This program is designed to ensure speedy service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8051 - Skilled Nursing Care Facilities
NAICS Code
623210 - Residential Mental Retardation Facilities
Loan Approval Date
3/13/2001
Loan Approval Gross Amount
$149,000
Loan Approval from the SBA
Of the total $149,000 loan amount, the SBA guaranteed $126,650.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 3 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:
Financing Your Business
Banks in Port Charlotte, Florida
SBA Lenders in Florida