Miami, Florida Entrepreneur Gets a Small Business Loan
Florida business loans are available to Florida business owners through the SBA. In this case, a Florida bank provides the loan.
You can learn something about getting a small business loan in Miami, Florida by studying this loan to A Plus Lamination Inc, made back in 2005. Banks like 1st United Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
A PLUS LAMINATION INC
13810 NW 6TH COURT
MIAMI, FL 33168
SBA Loan Lender
1ST UNITED BANK
ONE NORTH FEDERAL HWY
BOCA RATON, FL 33432
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
323110 - Commercial Lithographic Printing
Loan Approval Date
12/19/2005
Loan Approval Gross Amount
$90,000
Loan Approval from the SBA
Of the total $90,000 loan amount, the SBA guaranteed $67,500.
More Information on This SBA Loan
The borrower, A Plus Lamination Inc, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 18 employees. The SBA loan application for the borrower indicated that the loan would help retain 18 existing jobs. This loan was paid in full, and was closed out on 6/25/2007.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
A Plus Lamination Inc got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? 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 SBA loan database.
Related Links:
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SBA 7A Banks for Boca Raton, Florida Loans
Getting an SBA Loan in Florida
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