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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > West Palm Beach, Business Loans > Flagler Bank West Palm Beach Business Loans > Equipment Rental And Leasing Loan | ||||
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Small Business Loans from Flagler Bank
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SBA Loan from Flagler Bank Helps Equipment Rental And Leasing CompanyFlagler Bank has a track record as a leading provider of SBA loans. Find out how this Florida entrepreneur received an SBA loan from them. This business knew how to go about getting a business bank loan. Based in West Palm Beach, Florida, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Flagler Bank, based in West Palm Beach, Florida. SBA Loan Borrower COMPANY TYPE: EQUIPMENT RENTAL AND LEASING SBA Loan Lender FLAGLER BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA 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 7359 - Equipment Rental and Leasing NAICS Code 811118 - Automotive Mechanical and Electrical Repair and Maintenance Loan Approval Date 8/12/2003 Loan Approval Gross Amount $206,000 Loan Approval from the SBA Of the total $206,000 loan amount, the SBA guaranteed $154,500. 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 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This SBA loan was for $206,000. How would you spend $206,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: How Much Venture Capital Is There? Small Bank Loans in West Palm Beach, Florida
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