Bank Leumi Usa SBA Loan to Food Preparations Company

Looking to get a Florida business loan? Here's one Florida business loan that was approved by the SBA.

This growing firm needed an SBA business loan in Pompano Beach, Florida back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Bank Leumi Usa, operating out of Boca Raton, Florida. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: FOOD PREPARATIONS
POMPANO BEACH, FL 33064

SBA Loan Lender

BANK LEUMI USA
5295 TOWN CTR RD
BOCA RATON, FL 33486

This lender issued this small business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2099 - Food Preparations

Loan Approval Date

3/17/2000

Loan Approval Gross Amount

$450,000

Loan Approval from the SBA

Of the total $450,000 loan amount, the SBA guaranteed $337,500.

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 71 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank Leumi Usa are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

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SBA 7A Banks for Boca Raton, Florida Loans

SBA Participating Banks in Florida