Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

Metro Bank Of Dade County Business Loans

 

 
Loan Census SBA Loan Info

Business Loans for Advertising Agencies

Looking for business loans for advertising agencies? An SBA loan may be just what you've been looking for. This $256,500 advertising agencies loan was issued by a Florida bank.

This small business knew how to go about getting a business bank loan. Based in Coconut Grove, Florida, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Metro Bank Of Dade County, based in Miami, Florida.

SBA Loan Borrower

COMPANY TYPE: ADVERTISING AGENCIES
COCONUT GROVE, FL 33133

SBA Loan Lender

METRO BANK OF DADE COUNTY
9350 S DIXIE HWY
MIAMI, FL 33156

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7311 - Advertising Agencies

NAICS Code

541810 - Advertising Agencies

Loan Approval Date

4/14/2000

Loan Approval Gross Amount

$256,500

Loan Approval from the SBA

Of the total $256,500 loan amount, the SBA guaranteed $192,375.

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 7 employees. The SBA loan documents did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Coconut Grove FL, you ought to talk with a local Coconut Grove SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Coconut Grove businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Metro Bank Of Dade County that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Strategic Investors

Best Banks for Small Business in Miami, Florida

SBA Florida Lenders