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December 20, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Jacksonville Beach, Business Loans > Capitalsouth Bank Jacksonville Beach Business Loans > Homefurnishings Stores Loan | ||||
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Florida Bank SBA Loans
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Capitalsouth Bank SBA Loan to Homefurnishings Stores CompanyLooking to get a Florida small business loan? Here's one Florida business loan that was approved by the SBA. This local small business knew how to go about getting a business bank loan. Based in St. Augustine, Florida, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Capitalsouth Bank, based in Jacksonville Beach, Florida. SBA Loan Borrower COMPANY TYPE: HOMEFURNISHINGS STORES SBA Loan Lender CAPITALSOUTH BANK This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5719 - Homefurnishings Stores Loan Approval Date 2/4/2000 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $28,000. 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 only one employee. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Family and Friend Investors - Your First Financiers Best Jacksonville Beach, Florida Banks for Small Business
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