Growing Company Gets a Florida Small Business Loan
Searching for a Florida bank loan? This Florida entrepreneur got a bank loan, provided by an Utah bank that works with the SBA to help small business owners.
Getting a small business loan in Coral Gables, Florida was a top priority for this loan applicant back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Amer Express Centurion Bk. Here are the details on this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: TOBACCO AND TOBACCO PRODUCT MERCHANT WHOLESALERS
CORAL GABLES, FL 33134
SBA Loan Lender
AMER EXPRESS CENTURION BK
4315 S 2700 WEST, MC 01-04
SALT LAKE CITY, UT 84184
The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
424940 - Tobacco and Tobacco Product Merchant Wholesalers
Loan Approval Date
10/8/2004
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a company in Coral Gables FL, you ought to talk with a local Coral Gables SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Coral Gables businesses.
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 $10,000 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:
Family and Friend Investors - Your First Financiers
Where to Get an SBA Loan in Salt Lake City, Utah
SBA Lenders in Utah