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November 22, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Tallahassee, Business Loans > Premier Bank Tallahassee Business Loans > Eating Places Loan | ||||
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Tallahassee Lenders
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Tallahassee, Florida Bank Lends Money to Eating Places Company in Tallahassee, FloridaWant to talk with a Tallahassee, Florida bank about a business loan? Here's one Florida business loan, issued by a Tallahassee bank, that was approved by the SBA. Applying for an SBA loan with Premier Bank worked out well for our friends at one local business in Tallahassee, Florida. They received an SBA loan for $90,000. Way to go! SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender PREMIER BANK This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 9/21/2000 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $72,000. 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 15 employees. The loan application did not indicate that the business promised to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a business or need money for an existing business, an SBA loan can be a great source of funding. We can help you find the best banks for small businesses in Tallahassee 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: Obtaining Funding - Getting Venture Capital SBA 7A Banks for Tallahassee, Florida Loans
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