Loan Census Banking News and Information
May 1, 2024  
 
 
  Business Loan Information  
 

Raising Money in Miami, Florida With SBA Loans

 

 
Loan Census SBA Loan Info

Commercial Loans for Tax Preparation Services

Looking for commercial loans for tax preparation services? The SBA may be the answer. This $100,000 tax preparation services loan was issued by a California bank.

Getting a small business loan in Miami, Florida was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from California Bank & Trust, operating out of San Diego, California. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: TAX PREPARATION SERVICES
Miami, FL 33157

SBA Loan Lender

CALIFORNIA BANK & TRUST
11622 EL CAMINO REAL, STE 200
SAN DIEGO, CA 92130

This lender processed this small 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

541213 - Tax Preparation Services

Loan Approval Date

12/20/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 106 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 106 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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:

Business Line of Credit

Small Bank Loans in San Diego, California

Find an SBA Lender in California