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April 25, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Miramar, Business Loans > Eastern Financial Florida Cu Miramar Business Loans > Nondurable Goods Loan | ||||
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Raising Money in North Miami, Florida With SBA Loans
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Financing for Services Related to AdvertisingLooking for commercial loans for services related to advertising? The SBA may be the answer. This $200,000 services related to advertising loan was issued by a Florida bank. This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Eastern Financial Florida Cu, out of Miramar, Florida. The loan was granted and they received $200,000 to help grow their North Miami, Florida business. SBA Loan Borrower COMPANY TYPE: NONDURABLE GOODS SBA Loan Lender EASTERN FINANCIAL FLORIDA CU This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5199 - Nondurable Goods NAICS Code 541890 - Services Related to Advertising Loan Approval Date 4/15/2004 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in North Miami or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Determining Proper Capital Structure for a Business SBA Approved Banks in Miramar, Florida
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