Getting an SBA Loan for Leather and Hide Tanning and Finishing

Looking for commercial loans for leather and hide tanning and finishing? Try the SBA. This $188,800 leather and hide tanning and finishing loan was issued by a Florida bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Sebring, Florida was able to borrow $188,800 from Highlands Independent Bank. The SBA made the loan possible by guaranteeing $141,600 of this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: LEATHER TANNING AND FINISHING
SEBRING, FL 33870

SBA Loan Lender

HIGHLANDS INDEPENDENT BANK
2600 US HWY 27 NORTH
SEBRING, FL 33870

This commercial 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

3111 - Leather Tanning and Finishing

NAICS Code

316110 - Leather and Hide Tanning and Finishing

Loan Approval Date

9/17/2003

Loan Approval Gross Amount

$188,800

Loan Approval from the SBA

Of the total $188,800 loan amount, the SBA guaranteed $141,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 6 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Highlands Independent Bank 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.

Related Links:

Small Business Credit Cards

SBA Participating Banks in Sebring, Florida

Browse All Business Loan Sources for Florida