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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 > Supermarkets And Grocery Stores Loan | ||||
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Banks Doing SBA Loans in Florida
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Coral Gables, Florida Bank Lends Money to Supermarkets And Grocery Stores Company in Immokalee, FloridaWant to talk with a Coral Gables, Florida bank about a business loan? Here's one Florida business loan, issued by a Coral Gables bank, that was approved by the SBA. Applying for an SBA loan with Internatl Bank - Miami worked out well for our friends at one local company in Immokalee, Florida. They received an SBA loan for $211,500. Awesome! SBA Loan Borrower COMPANY TYPE: SUPERMARKETS AND GROCERY STORES SBA Loan Lender INTERNATL BANK - MIAMI This commercial 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. NAICS Code 445110 - Supermarkets and Grocery Stores Loan Approval Date 1/11/2008 Loan Approval Gross Amount $211,500 Loan Approval from the SBA Of the total $211,500 loan amount, the SBA guaranteed $158,625. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 9 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 7 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: Realistic Debt Financing Options Small Bank Loans in Coral Gables, Florida
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