Florida Bank Loan Issued to Personal Services Company
FloridaBank loans are available to Florida firms through the SBA. In this case, a Florida bank provides the loan.
Getting a small business loan in Winter Park, Florida was a top priority for this loan applicant back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Bankfirst. Here are the details on this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: PERSONAL SERVICES
WINTER PARK, FL 32792
SBA Loan Lender
BANKFIRST
13207 W COLONIAL DR
WINTER GARDEN, FL 34787
This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7299 - Personal Services
NAICS Code
812990 - Personal Services
Loan Approval Date
10/10/2000
Loan Approval Gross Amount
$140,000
Loan Approval from the SBA
Of the total $140,000 loan amount, the SBA guaranteed $105,000.
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 2 employees. The SBA loan documents did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you have been wondering how do i get money to start a business in Winter Park FL, you ought to talk with a local Winter Park SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Winter Park businesses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bankfirst are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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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