Loan Census Banking News and Information
December 25, 2024  
 
 
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Small Business Banks for Vero Beach, Florida Small Business Owners

 

 
Loan Census SBA Loan Info

Florida Entrepreneur Secures Financing to Buy Stamp Cabana Of Vero Beach Franchise

Need a loan to buy a Stamp Cabana Of Vero Beach franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Stamp Cabana Of Vero Beach franchise requires some effort but others before you have been successful. In 2000, Comerica Bank issued an SBA franchise loan to an entrepreneur in Vero Beach, Florida. Because Stamp Cabana Of Vero Beach was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

STAMP CABANA OF VERO BEACH
VERO BEACH, FL 32966

SBA Loan Lender

COMERICA BANK
1900 W LOOP SOUTH
HOUSTON, TX 77027

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5943 - Stationery Stores

NAICS Code

453210 - Office Supplies and Stationery

Loan Approval Date

4/20/2000

Loan Approval Gross Amount

$180,000

Loan Approval from the SBA

Of the total $180,000 loan amount, the SBA guaranteed $135,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Stamp Cabana Of Vero Beach franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in Vero Beach FL, you ought to talk with a local Vero Beach SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Vero Beach businesses.

We can help you find the best banks for small businesses in Vero Beach 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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