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April 27, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Coral Gables, Business Loans > Bankunited, Fsb Coral Gables Business Loans > Stationery And Office Supplies Merchant Wholesalers Loan | ||||
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Banks in Florida
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Borrowing Money for Stationery and Office Supplies Merchant WholesalersWith these loans for stationery and office supplies merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This stationery and office supplies merchant wholesalers loan for $25,000 was given to a Florida entrepreneur in 2005. Getting a small business loan in Fort Lauderdale, Florida was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Bankunited, Fsb, operating out of Coral Gables, Florida. Here are the details on this Florida small business loan. SBA Loan Borrower COMPANY TYPE: STATIONERY AND OFFICE SUPPLIES MERCHANT WHOLESALERS SBA Loan Lender BANKUNITED, FSB This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 424120 - Stationery and Office Supplies Merchant Wholesalers Loan Approval Date 7/7/2005 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 documents indicated that the loan would help generate 4 new jobs and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bankunited, Fsb 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. Related Links: Where to Get an SBA Loan in Coral Gables, Florida
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