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December 20, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Miami, Business Loans > Citibank Miami Business Loans > Wired Telecommunications Carriers Loan | ||||
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Florida SBA 7A Lenders
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Miami, Florida Lender Lends Money to Wired Telecommunications Carriers CompanyFind Miami, Florida banks that specialize in small business loans and know how to work with entrepreneurs. Citibank is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in West Palm Beach, Florida starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Citibank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: WIRED TELECOMMUNICATIONS CARRIERS SBA Loan Lender CITIBANK The lender provided this debt financing 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 513310 - Wired Telecommunications Carriers Loan Approval Date 6/14/2001 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $5,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 49 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 49 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. We can help you find the best banks for small businesses in West Palm Beach 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: Where to Get an SBA Loan in Miami, Florida
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