Comvest Export Finan Company I SBA Loan to Cigars Company

Comvest Export Finan Company I and the SBA work together to get business loans for growing small businesses. Here's an example of how a Florida entrepreneur was able to get a loan to take a small business to the next level.

Getting a small business loan in Coral Gables, Florida was an essential business goal for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Comvest Export Finan Company I, operating out of Clarksburg, West Virginia. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: CIGARS
CORAL GABLES, FL 33134

SBA Loan Lender

COMVEST EXPORT FINAN COMPANY I
P. O. BOX 2025
CLARKSBURG, WV 26302

This SBA business 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

2121 - Cigars

NAICS Code

312229 - Tobacco Product Manufacturing

Loan Approval Date

8/29/2000

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $225,000.

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 165 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

While you may be able to find other ways to get money to start a business, 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:

Raising VC Money for Social Networking Companies

SBA 7A Banks for Clarksburg, West Virginia Loans

West Virginia SBA 7A Lenders