Coral Gables, Florida Lender Lends Money to Frozen Specialties Company

Get business loans from a Coral Gables, Florida bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Mercantil Commercebank National As is a Coral Gables, Florida small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Florida company.

SBA Loan Borrower

COMPANY TYPE: FROZEN SPECIALTIES
HOLLYWOOD, FL 33023

SBA Loan Lender

MERCANTIL COMMERCEBANK NATIONAL AS
220 ALHAMBRA CIRCLE
CORAL GABLES, FL 33134

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2038 - Frozen Specialties

NAICS Code

311412 - Frozen Specialty Food Manufacturing

Loan Approval Date

10/27/2000

Loan Approval Gross Amount

$99,600

Loan Approval from the SBA

Of the total $99,600 loan amount, the SBA guaranteed $79,680.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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