Local Business Gets a Florida Bank Loan

Would a Florida business loan help your company expand? If so, you may want to talk with this Florida bank, which offers SBA loans to Florida entrepreneurs.

Getting a small business loan in Saint Petersburg, Florida was a top priority for this SBA-financed company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Synovus Bank Of Tampa Bay. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: GENERAL FREIGHT TRUCKING, LOCAL
SAINT PETERSBURG, FL 33702

SBA Loan Lender

SYNOVUS BANK OF TAMPA BAY
333 THIRD AVE NORTH
SAINT PETERSBURG, FL 33701

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

484110 - General Freight Trucking, Local

Loan Approval Date

12/3/2003

Loan Approval Gross Amount

$35,200

Loan Approval from the SBA

Of the total $35,200 loan amount, the SBA guaranteed $17,600.

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 only one employee. The loan application indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Synovus Bank Of Tampa Bay 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.

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Alternative Financing

SBA Approved Banks in Saint Petersburg, Florida

SBA Florida Banks