Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Banks Doing SBA Loans in Florida

 

 
Loan Census SBA Loan Info

Coral Gables, Florida Lender Lends Money to Real Estate Agents And Brokers Company

Thinking about meeting with a Coral Gables, Florida bank about a small 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 Bankunited, Fsb worked out well for our friends at one local company in Miami, Florida. The business was able to get an SBA loan for $20,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: REAL ESTATE AGENTS AND BROKERS
MIAMI, FL 33183

SBA Loan Lender

BANKUNITED, FSB
255 ALHAMBRA CIR, 2ND FL
CORAL GABLES, FL 33134

The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

531210 - Real Estate Agents and Brokers

Loan Approval Date

3/14/2006

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 only one employee. This SBA loan request indicated that the loan would help generate 7 new jobs and retain 8 existing jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We can help you find the best banks for small businesses in Miami or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Borrowing Money from Friends and Family

SBA Banks in Coral Gables, Florida

Getting an SBA Loan in Florida