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November 23, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Miami, Business Loans > Continl National Bank - Miami Miami Business Loans > Office Equipment Loan | ||||
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Best Banks That Lend to Florida Entrepreneurs
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Hialeah Gardens, Florida Entrepreneur Gets a Bank LoanSBA loans in Florida are are few and far betweeen these days. We take a look at one Florida SBA loan, provided by a Florida bank, that was approved by the SBA. You can learn something about getting a small business loan in Hialeah Gardens, Florida by studying this loan to a local business, made back in 2003. Banks like Continl National Bank - Miami may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: OFFICE EQUIPMENT SBA Loan Lender CONTINL NATIONAL BANK - MIAMI This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5044 - Office Equipment NAICS Code 453210 - Office Supplies and Stationery Loan Approval Date 4/21/2003 Loan Approval Gross Amount $122,000 Loan Approval from the SBA Of the total $122,000 loan amount, the SBA guaranteed $103,700. 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 14 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees. 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 funding source This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: SBA 7A Banks in Miami, Florida
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