Loan Census Banking News and Information
November 15, 2024  
 
 
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Banks Doing SBA Loans in Florida

 

 
Loan Census SBA Loan Info

Longwood, Florida Bank Lends Money to Direct Title Insurance Carriers Company in Winter Park, Florida

Want to talk with a Longwood, Florida bank about a business loan? Here's one Florida business loan, issued by a Longwood bank, that was approved by the SBA.

Applying for an SBA loan with Orlando National Bank worked out well for our friends at one local firm in Winter Park, Florida. They got an SBA loan for $617,000. Great job!

SBA Loan Borrower

COMPANY TYPE: DIRECT TITLE INSURANCE CARRIERS
WINTER PARK, FL 32792

SBA Loan Lender

ORLANDO NATIONAL BANK
502 N HWY 17-92
LONGWOOD, FL 32750

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.

NAICS Code

524127 - Direct Title Insurance Carriers

Loan Approval Date

9/7/2001

Loan Approval Gross Amount

$617,000

Loan Approval from the SBA

Of the total $617,000 loan amount, the SBA guaranteed $462,750.

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 11 employees. The loan application did not indicate that the small business promised to use the loan proceeds to increase staffing levels 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.

We can help you find the best banks for small businesses in Winter Park 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:

Financing Your Business

SBA Participating Banks in Longwood, Florida

Getting an SBA Loan in Florida