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November 14, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Las Vegas, Business Loans > Citibank Las Vegas Business Loans > Real Estate Credit Loan | ||||
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Who Can Get a Business Loan in Boynton Beach, Florida?
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Borrowing Money for Real Estate CreditLooking for bank loans for real estate credit? An SBA loan may be just what you've been looking for. This $100,000 real estate credit loan was issued by a Nevada bank. This small firm knew how to go about getting a business bank loan. Based in Boynton Beach, Florida, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Citibank, based in Las Vegas, Nevada. SBA Loan Borrower COMPANY TYPE: REAL ESTATE CREDIT SBA Loan Lender CITIBANK This lender processed this loan for a small business 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 522292 - Real Estate Credit Loan Approval Date 8/24/2007 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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Family and Friend Investors - Your First Financiers Who Lends Money to Small Businesses in Las Vegas, Nevada
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