Synovus Bank Of Tampa Bay SBA Loan to Physicians Company

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 2005. The lending bank was Synovus Bank Of Tampa Bay, based in Saint Petersburg, Florida.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
TAMPA, FL 33626

SBA Loan Lender

SYNOVUS BANK OF TAMPA BAY
12450 ROOSEVELT BLVD
SAINT PETERSBURG, FL 33761

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

11/4/2005

Loan Approval Gross Amount

$181,000

Loan Approval from the SBA

Of the total $181,000 loan amount, the SBA guaranteed $135,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Tampa 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.

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Synovus Bank Of Tampa Bay SBA Loan to Physicians Company