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| Entrepreneur Resources | Ocean Bank Miami Business Loans | ||||
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Jupiter, Florida Bank for SBA Loans
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Aircraft Engine and Engine Parts Manufacturing SBA LoansLooking for SBA loans for aircraft engine and engine parts manufacturing? An SBA loan may be just what you've been looking for. This $80,000 aircraft engine and engine parts manufacturing loan was issued by a Florida bank.
Getting a small business loan in Jupiter, Florida was important for Aviation Technology & Developm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Ocean Bank, operating out of Miami, Florida. Here are the details on this Florida small business loan. SBA Loan Borrower AVIATION TECHNOLOGY & DEVELOPM SBA Loan Lender OCEAN BANK This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3724 - Aircraft Engines and Engine Parts NAICS Code 336412 - Aircraft Engine and Engine Parts Manufacturing Loan Approval Date 11/15/2001 Loan Approval Gross Amount $80,000 Loan Approval from the SBA Of the total $80,000 loan amount, the SBA guaranteed $68,000. More Information on This SBA Loan The borrower, Aviation Technology & Developm, 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 9 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. This loan was paid in full, and was closed out on 10/20/2005. Getting an SBA Loan For Your Business The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. If Aviation Technology & Developm can get an SBA loan, there's no reason you can't 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 SBA loan database. Related Links: Determining Proper Capital Structure for a Business SBA Participating Banks in Miami, Florida If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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