Business Loan from Bankfirst Given to Colleges, Universities, And Professional Schools Company
An SBA loan from Bankfirst typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Windermere, Florida business owner got a $200,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Windermere, Florida was able to borrow $200,000 from Bankfirst. The SBA made the loan possible by guaranteeing $150,000 of this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: COLLEGES, UNIVERSITIES, AND PROFESSIONAL SCHOOLS
WINDERMERE, FL 34786
SBA Loan Lender
BANKFIRST
1031 W MORSE BLVD, STE 323
WINTER PARK, FL 32789
This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
611310 - Colleges, Universities, and Professional Schools
Loan Approval Date
11/2/2007
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 3 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 3 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $200,000 loan. Remember, if it to be, it is up to me!
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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