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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Boca Raton, Business Loans > 1st United Bank Boca Raton Business Loans > Quick Printing Loan | ||||
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Boca Raton Lenders
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Boca Raton, Florida Bank Gives SBA Loan to Quick Printing CompanyWant to talk with a Boca Raton, Florida bank about an SBA loan? Here's one Florida business loan, issued by a Boca Raton bank, that was approved by the SBA. Applying for an SBA loan with 1st United Bank worked out well for our friends at one local firm in Riviera Beach, Florida. The business was able to get an SBA loan for $261,000. Awesome! SBA Loan Borrower COMPANY TYPE: QUICK PRINTING SBA Loan Lender 1ST UNITED BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 323114 - Quick Printing Loan Approval Date 12/9/2003 Loan Approval Gross Amount $261,000 Loan Approval from the SBA Of the total $261,000 loan amount, the SBA guaranteed $195,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 Boca Raton, Florida
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