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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Saint Petersburg, Business Loans > Synovus Bank Of Tampa Bay Saint Petersburg Business Loans > Coin-Operated Laundries And Drycleaners Loan | ||||
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Synovus Bank Of Tampa Bay SBA Loans
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Saint Petersburg, Florida Business Gets SBA-Guaranteed Funding from Synovus Bank Of Tampa BaySynovus Bank Of Tampa Bay and the SBA work together to get business loans for growing small businesses. Here's an example of how a Florida entrepreneur was able to get a loan to take a small business to the next level. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Saint Petersburg, Florida was able to borrow $49,200 from Synovus Bank Of Tampa Bay. The SBA made the loan possible by guaranteeing $24,600 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: COIN-OPERATED LAUNDRIES AND DRYCLEANERS SBA Loan Lender SYNOVUS BANK OF TAMPA BAY This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 812310 - Coin-Operated Laundries and Drycleaners Loan Approval Date 10/19/2007 Loan Approval Gross Amount $49,200 Loan Approval from the SBA Of the total $49,200 loan amount, the SBA guaranteed $24,600. 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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $49,200 loan. Remember, feel the fear, and do it anyway. 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: Banking Deregulation's Effects on Entrepreneurship SBA Banks in Saint Petersburg, Florida Where to Get an SBA Loan Florida
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