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December 20, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Coral Gables, Business Loans > Internatl Bank - Miami Coral Gables Business Loans > Automotive Services Loan | ||||
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Florida Bank SBA Loans
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Internatl Bank - Miami SBA Loan to Automotive Services CompanyLooking to get a Florida SBA loan? Here's one Florida business loan that was approved by the SBA. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Davie, Florida was able to borrow $1,012,500 from Internatl Bank - Miami. The SBA made the loan possible by guaranteeing $749,999 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: AUTOMOTIVE SERVICES SBA Loan Lender INTERNATL BANK - MIAMI This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7549 - Automotive Services Loan Approval Date 3/3/2000 Loan Approval Gross Amount $1,012,500 Loan Approval from the SBA Of the total $1,012,500 loan amount, the SBA guaranteed $749,999. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 18 employees. The SBA loan documents indicated that the loan would help retain 18 existing jobs. Start the Process for Getting an SBA Loan Today! If you need money to start a business or need money for an existing business, an SBA loan can be a great way to raise money If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Internatl Bank - Miami so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Banking Deregulation's Effects on Entrepreneurship Where to Get an SBA Loan in Coral Gables, Florida SBA Participating Banks in Florida
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