Citibank SBA Loan to Terrazzo, Tile, Marble, And Mosaic Work Company

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

This up and coming company knew how to go about getting a business bank loan. Based in Washington, District of Columbia, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Citibank, based in Miami, Florida.

SBA Loan Borrower

COMPANY TYPE: TERRAZZO, TILE, MARBLE, AND MOSAIC WORK
WASHINGTON, DC 20016

SBA Loan Lender

CITIBANK
8750 DORAL BLVD, 7TH FL
MIAMI, FL 33178

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

1743 - Terrazzo, Tile, Marble, and Mosaic Work

Loan Approval Date

8/11/2000

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

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. The SBA loan documents indicated that the loan would help retain 1 existing job.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? 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.

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