Internatl Bank - Miami SBA Loan to Gasoline Service Stations Company

Searching for a Florida small business loan? Here's one Florida business loan that was approved by the SBA.

This local small business knew how to go about getting a business bank loan. Based in Miami, Florida, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Internatl Bank - Miami, based in Coral Gables, Florida.

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
MIAMI, FL 33161

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.

SIC Code

5541 - Gasoline Service Stations

Loan Approval Date

1/11/2000

Loan Approval Gross Amount

$1,080,000

Loan Approval from the SBA

Of the total $1,080,000 loan amount, the SBA guaranteed $749,995.

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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,080,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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