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May 10, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Weston, Business Loans > Colonial Bank Weston Business Loans > Medical Laboratories Loan | ||||
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How to Get an SBA Loan in North Miami Beach, Florida
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Colonial Bank Gives Bank Loan to Medical Laboratories CompanyLooking to get a Florida bank loan? This Florida entrepreneur got a bank loan, provided by a Florida bank that works with the SBA to help small business owners. By giving the right information to Colonial Bank, this North Miami Beach, Florida business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: MEDICAL LABORATORIES SBA Loan Lender COLONIAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8071 - Medical Laboratories NAICS Code 621512 - Diagnostic Imaging Centers Loan Approval Date 11/14/2002 Loan Approval Gross Amount $215,000 Loan Approval from the SBA Of the total $215,000 loan amount, the SBA guaranteed $161,250. More Information on This SBA Loan The borrower borrowed this money for an existing 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 6 employees. The loan application did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you are working on finding money to start a business in North Miami Beach FL, you ought to talk with a local North Miami Beach SBA lender or talk with an out-of-area SBA lender that has previously loaned money to North Miami Beach businesses. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Family and Friend Investors - Your First Financiers SBA 7A Lenders in Weston, Florida Browse All Business Loan Sources for Florida
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