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December 20, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Coral Gables, Business Loans > Bankunited, Fsb Coral Gables Business Loans > Tobacco And Tobacco Product Merchant Wholesalers Loan | ||||
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Florida Small Business Funding
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Commercial Loans for Tobacco and Tobacco Product Merchant WholesalersLooking for commercial loans for tobacco and tobacco product merchant wholesalers? Talk to a banker who works with the SBA. This $300,000 tobacco and tobacco product merchant wholesalers loan was issued by a Florida bank. This business knew how to go about getting a business bank loan. Based in Miami Lakes, Florida, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Bankunited, Fsb, based in Coral Gables, Florida. SBA Loan Borrower COMPANY TYPE: TOBACCO AND TOBACCO PRODUCT MERCHANT WHOLESALERS SBA Loan Lender BANKUNITED, FSB This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 424940 - Tobacco and Tobacco Product Merchant Wholesalers Loan Approval Date 9/27/2007 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $150,000. 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 24 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 24 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 company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Best Banks for Small Business in Coral Gables, Florida
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