Boca Raton, Florida Bank Gives SBA Loan to Quick Printing Company

Want to talk with a Boca Raton, Florida bank about an SBA loan? Here's one Florida business loan, issued by a Boca Raton bank, that was approved by the SBA.

Applying for an SBA loan with 1st United Bank worked out well for our friends at one local firm in Riviera Beach, Florida. The business was able to get an SBA loan for $261,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: QUICK PRINTING
RIVIERA BEACH, FL 33404

SBA Loan Lender

1ST UNITED BANK
ONE NORTH FEDERAL HWY
BOCA RATON, FL 33432

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323114 - Quick Printing

Loan Approval Date

12/9/2003

Loan Approval Gross Amount

$261,000

Loan Approval from the SBA

Of the total $261,000 loan amount, the SBA guaranteed $195,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Direct Public Offerings

Best Banks for Small Business in Boca Raton, Florida

Florida SBA Bank Lenders