Get an SBA Loan for Traveler Accommodation

With these small business loans for traveler accommodation, the SBA guarantees the lender that the loan will be repaid. This traveler accommodation loan for $531,000 was given to a Florida entrepreneur in 2004.

This company knew how to go about getting a business bank loan. Based in Saint Petersburg, Florida, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Synovus Bank Of Tampa Bay, based in Saint Petersburg, Florida.

SBA Loan Borrower

COMPANY TYPE: TRAVELER ACCOMMODATION
SAINT PETERSBURG, FL 33713

SBA Loan Lender

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

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

721199 - Traveler Accommodation

Loan Approval Date

12/8/2004

Loan Approval Gross Amount

$531,000

Loan Approval from the SBA

Of the total $531,000 loan amount, the SBA guaranteed $398,250.

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. The loan application indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a business in Saint Petersburg FL, you ought to talk with a local Saint Petersburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Saint Petersburg businesses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? 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.

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