Get an SBA Loan for Confectionery and Nut Stores

Looking for bank loans for confectionery and nut stores? An SBA loan may be just what you've been looking for. This $100,500 confectionery and nut stores loan was issued by a Florida bank.

Getting a small business loan in Miami Beach, Florida was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Northern Trust, operating out of Miami, Florida. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: CANDY, NUT, AND CONFECTIONERY STORES
MIAMI BEACH, FL 33139

SBA Loan Lender

NORTHERN TRUST
700 BRICKELL AVE
MIAMI, FL 33131

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide small business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5441 - Candy, Nut, and Confectionery Stores

NAICS Code

445292 - Confectionery and Nut Stores

Loan Approval Date

7/31/2003

Loan Approval Gross Amount

$100,500

Loan Approval from the SBA

Of the total $100,500 loan amount, the SBA guaranteed $85,425.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

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SBA 7A Lenders in Miami, Florida

Florida SBA Banks