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May 31, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > West Palm Beach, Business Loans > Flagler Bank West Palm Beach Business Loans > Motor Vehicle Parts And Accessories Loan | ||||
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Florida Bank SBA Loans
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West Palm Beach, Florida Bank Lends Money to Motor Vehicle Parts And Accessories Company in Ft. Lauderdale, FloridaWant to talk with a West Palm Beach, Florida bank about an SBA loan? Here's one Florida business loan, issued by a West Palm Beach bank, that was approved by the SBA. Applying for an SBA loan with Flagler Bank worked out well for our friends at one local business in Ft. Lauderdale, Florida. The business was able to get an SBA loan for $150,000. Awesome! SBA Loan Borrower COMPANY TYPE: MOTOR VEHICLE PARTS AND ACCESSORIES SBA Loan Lender FLAGLER BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3714 - Motor Vehicle Parts and Accessories NAICS Code 336330 - Motor Vehicle Steering and Suspension Component Manufacturing Loan Approval Date 11/16/2001 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 16 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business 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. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $150,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: SBA 7A Lenders in West Palm Beach, Florida
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