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April 25, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Boca Raton, Business Loans > 1st United Bank Boca Raton Business Loans > Knit Fabric And Lace Mills Loan | ||||
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SBA 7A Banks That Lend to Florida Businesses
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1st United Bank Gives Small Business Loan to Knit Fabric And Lace Mills CompanySearching for 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. Getting a small business loan in Fort Lauderdale, Florida was a top priority for this loan applicant back in 2006 and, based on their loan application, they were successful in getting an SBA loan from 1st United Bank. Here are the details on this Florida small business loan. SBA Loan Borrower COMPANY TYPE: KNIT FABRIC AND LACE MILLS SBA Loan Lender 1ST UNITED BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 313249 - Knit Fabric and Lace Mills Loan Approval Date 10/4/2006 Loan Approval Gross Amount $970,000 Loan Approval from the SBA Of the total $970,000 loan amount, the SBA guaranteed $727,500. 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 24 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 23 existing jobs. Getting an SBA Loan For Your Business If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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 Banks in Boca Raton, Florida
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