First National Bank Of Pasco SBA Loan to Offices And Clinics Of Doctors Of Medicine Company
Looking to get a Florida SBA loan? Here's one Florida business loan that was approved by the SBA.
This small business needed an SBA business loan in Tampa, Florida back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from First National Bank Of Pasco, operating out of Dade City, Florida. Here are the details on this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE
TAMPA, FL 33647
SBA Loan Lender
FIRST NATIONAL BANK OF PASCO
13315 US HWY 301
DADE CITY, FL 33525
This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8011 - Offices and Clinics of Doctors of Medicine
Loan Approval Date
8/9/2000
Loan Approval Gross Amount
$145,000
Loan Approval from the SBA
Of the total $145,000 loan amount, the SBA guaranteed $108,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First National Bank Of Pasco had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First National Bank Of Pasco made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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.
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