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April 23, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Miami, Business Loans > Eagle National Bank Of Miami Miami Business Loans > Transportation Equipment And Supplies Loan | ||||
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Miami, Florida Bank Loan
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Getting an SBA Loan for Transportation Equipment and SuppliesLooking for commercial loans for transportation equipment and supplies? An SBA loan may be just what you've been looking for. This $500,000 transportation equipment and supplies loan was issued by a Florida bank. This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Eagle National Bank Of Miami, out of Miami, Florida. The loan was granted and they received $500,000 to help grow their Miami, Florida business. SBA Loan Borrower COMPANY TYPE: TRANSPORTATION EQUIPMENT AND SUPPLIES SBA Loan Lender EAGLE NATIONAL BANK OF MIAMI SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 423860 - Transportation Equipment and Supplies Loan Approval Date 6/30/2003 Loan Approval Gross Amount $500,000 Loan Approval from the SBA Of the total $500,000 loan amount, the SBA guaranteed $450,000. 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 20 employees. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. 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 7A Banks for Miami, Florida Loans
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