SBA Loan from Internatl Bank - Miami Helps Hotels And Motels Company
Internatl Bank - Miami has a track record as a leading provider of SBA loans. Find out how this Florida entrepreneur received an SBA loan from them.
This growing company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Internatl Bank - Miami, out of Coral Gables, Florida. The loan was granted and they received $184,000 to help grow their Islamorada, Florida business.
SBA Loan Borrower
COMPANY TYPE: HOTELS AND MOTELS
ISLAMORADA, FL 33036
SBA Loan Lender
INTERNATL BANK - MIAMI
121 ALHAMBRA PLAZA
CORAL GABLES, FL 33134
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
721110 - Hotels and Motels
Loan Approval Date
10/12/2001
Loan Approval Gross Amount
$184,000
Loan Approval from the SBA
Of the total $184,000 loan amount, the SBA guaranteed $138,000.
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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
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:
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SBA Participating Banks in Coral Gables, Florida
SBA Participating Banks in Florida