Temple Terrace, Florida Entrepreneur Gets a Business Loan
FloridaSmall business loans are available to Florida small business owners through the SBA. In this case, a New Jersey bank provides the loan.
You can learn something about getting a small business loan in Temple Terrace, Florida by studying this loan to a local company, made back in 2001. Banks like Unity Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: GROCERY STORES
TEMPLE TERRACE, FL 33617
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5411 - Grocery Stores
NAICS Code
445120 - Convenience Stores
Loan Approval Date
5/23/2001
Loan Approval Gross Amount
$560,000
Loan Approval from the SBA
Of the total $560,000 loan amount, the SBA guaranteed $420,000.
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 5 employees. This SBA loan request did not indicate that the company planned to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Unity Bank 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:
Angel Investors
Small Bank Loans in Clinton, New Jersey
New Jersey SBA Bank Lenders