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November 25, 2024  
 
 
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Loan Census SBA Loan Info

Raising Money for Professional Equipment and Supplies Wholesalers

Looking for business loans for professional equipment and supplies wholesalers? The SBA may be the answer. This $50,000 professional equipment and supplies wholesalers loan was issued by a New York bank.

Getting a small business loan in Miami, Florida was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Hsbc Bank Usa, operating out of Syracuse, New York. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: PROFESSIONAL EQUIPMENT AND SUPPLIES WHOLESALERS
MIAMI, FL 33126

SBA Loan Lender

HSBC BANK USA
360 S WARREN ST
SYRACUSE, NY 13202

This SBA 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

421490 - Professional Equipment and Supplies Wholesalers

Loan Approval Date

12/11/2002

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 12 employees. The SBA loan application for the borrower indicated that the loan would help retain 12 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Miami FL, you ought to talk with a local Miami SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Miami businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Business Cash Advances

Good Banks for Small Business in Syracuse, New York

SBA Participating Banks in New York