Loan Census Banking News and Information
April 24, 2024  
 
 
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Florida Small Business Loans from Internatl Bank - Miami

 

 
Loan Census SBA Loan Info

SBA Loan from Internatl Bank - Miami Helps Vitreous China, Fine Earthenware, And Pottery Manufacturing Company

Internatl Bank - Miami is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Florida entrepreneur who tapped into the power of SBA loans.

This small firm knew how to go about getting a business bank loan. Based in Fort Lauderdale, Florida, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Internatl Bank - Miami, based in Coral Gables, Florida.

SBA Loan Borrower

COMPANY TYPE: VITREOUS CHINA, FINE EARTHENWARE, AND POTTERY MANUFACTURING
FORT LAUDERDALE, FL 33315

SBA Loan Lender

INTERNATL BANK - MIAMI
121 ALHAMBRA PLAZA
CORAL GABLES, FL 33134

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

327112 - Vitreous China, Fine Earthenware, and Pottery Manufacturing

Loan Approval Date

11/30/2000

Loan Approval Gross Amount

$140,400

Loan Approval from the SBA

Of the total $140,400 loan amount, the SBA guaranteed $105,300.

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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

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.

We've showcased information on this loan to let you know that businesses like yours 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:

Microlending as a Small Business Funding Source

SBA Approved Banks in Coral Gables, Florida

Getting an SBA Loan in Florida