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December 23, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Sarasota, Business Loans > Sarasota Bank Sarasota Business Loans > Personal Services Loan | ||||
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Sarasota Bank Business Loans
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Commercial Loans for Personal Care ServicesLooking for commercial loans for personal care services? Talk to a banker who works with the SBA. This $365,000 personal care services loan was issued by a Florida bank. This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Sarasota Bank, out of Sarasota, Florida. The loan was granted and they received $365,000 to help grow their Sarasota, Florida business. SBA Loan Borrower COMPANY TYPE: PERSONAL SERVICES SBA Loan Lender SARASOTA BANK This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7299 - Personal Services NAICS Code 812199 - Personal Care Services Loan Approval Date 6/17/2003 Loan Approval Gross Amount $365,000 Loan Approval from the SBA Of the total $365,000 loan amount, the SBA guaranteed $273,750. 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 promised to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. We can help you find the best banks for small businesses in Sarasota or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA 7A Banks for Sarasota, Florida Loans
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