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April 26, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Miami, Business Loans > Ocean Bank Miami Business Loans > Airports, Flying Fields, And Terminal Services Loan | ||||
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How to Get an SBA 7A Loan in Maimi, Florida
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Maimi, Florida Entrepreneur Gets an SBA LoanBank loans in Florida are hard to find these days. We take a look at one Florida bank loan, provided by a Florida bank, that was approved by the SBA. Getting a small business loan in Maimi, Florida was a top priority for this loan applicant back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Ocean Bank. Here are the details on this Florida small business loan. SBA Loan Borrower COMPANY TYPE: AIRPORTS, FLYING FIELDS, AND TERMINAL SERVICES SBA Loan Lender OCEAN BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4581 - Airports, Flying Fields, and Terminal Services NAICS Code 488111 - Air Traffic Control Loan Approval Date 11/27/2001 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. 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 5 employees. This SBA loan request did not indicate that the SBA funding recipient 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? 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. This SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Getting a Business Loan in Florida
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