Tampa, Florida Business Gets SBA-Guaranteed Funding from Synovus Bank Of Tampa Bay
Synovus Bank Of Tampa Bay has a track record as a leading provider of SBA loans. Find out how this Florida entrepreneur received an SBA loan from them.
This small firm knew how to go about getting a business bank loan. Based in Tampa, Florida, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Synovus Bank Of Tampa Bay, based in Saint Petersburg, Florida.
SBA Loan Borrower
COMPANY TYPE: DIRECT SELLING ESTABLISHMENTS
TAMPA, FL 33607
SBA Loan Lender
SYNOVUS BANK OF TAMPA BAY
333 THIRD AVE NORTH
SAINT PETERSBURG, FL 33701
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
454390 - Direct Selling Establishments
Loan Approval Date
8/16/2002
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $100,000.
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 30 employees. The loan application indicated that the loan would help retain 30 existing jobs.
Getting an SBA Loan For Your Business
If you are raising money in Tampa FL, you ought to talk with a local Tampa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tampa businesses.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Synovus Bank Of Tampa Bay so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
VC Firms on Twitter
Small Business Banks in Saint Petersburg, Florida
Florida SBA Bank Lenders