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December 22, 2024 |
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| Home > Small Business Lenders by State > Business Loan Sources > Catano, Business Loans > Doral Bank Catano Business Loans > Bottled Water Manufacturing Loan | ||||
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Bank SBA Loans
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Catano, Bank Gives SBA Loan to Bottled Water Manufacturing CompanyA Catano, small business loan can be yours. Learn how a company got a $150,000 business loan from this bank. This loan to a local firm is a good example of an SBA loan. Doral Bank made the loan and the SBA guaranteed a portion of the loan. Many other entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: BOTTLED WATER MANUFACTURING SBA Loan Lender DORAL BANK This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 312112 - Bottled Water Manufacturing Loan Approval Date 6/28/2006 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. 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 30 employees. The SBA loan application for the borrower indicated that the loan would help generate 15 new jobs and retain 12 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Doral Bank and they will explain how you can get an SBA loan for your company. 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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