Pahokee, Florida Bank Gives SBA Loan to Landscaping Services Company
Get to know Pahokee, Florida banks that specialize in business loans and know how to work with entrepreneurs. National City Bank is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in West Palm Beach, Florida starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from National City Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
WEST PALM BEACH, FL 33406
SBA Loan Lender
NATIONAL CITY BANK
104 S LAKE AVE
PAHOKEE, FL 33476
This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
4/21/2004
Loan Approval Gross Amount
$142,500
Loan Approval from the SBA
Of the total $142,500 loan amount, the SBA guaranteed $71,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 10 employees. The loan application indicated that the loan would help retain 10 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We can help you find the best banks for small businesses in West Palm 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.
Related Links:
Accountant's Role in Securing Financing
Who Lends Money to Small Businesses in Pahokee, Florida
Florida SBA Bank Lenders