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.
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