Raising Money for Home Health Equipment Rental

Looking for business loans for home health equipment rental? Try the SBA. This $385,000 home health equipment rental loan was issued by a Florida bank.

This small business knew how to go about getting a business bank loan. Based in Winter Park, Florida, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Bankfirst, based in Winter Park, Florida.

SBA Loan Borrower

COMPANY TYPE: HOME HEALTH EQUIPMENT RENTAL
WINTER PARK, FL 32792

SBA Loan Lender

BANKFIRST
1031 W MORSE BLVD, STE 323
WINTER PARK, FL 32789

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.

NAICS Code

532291 - Home Health Equipment Rental

Loan Approval Date

5/24/2004

Loan Approval Gross Amount

$385,000

Loan Approval from the SBA

Of the total $385,000 loan amount, the SBA guaranteed $288,750.

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 4 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bankfirst that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Obtaining Funding - Friends and Family

SBA Banks in Winter Park, Florida

Getting an SBA Loan in Florida