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How to Get an SBA Loan in Miami, Florida

 

 
Gaebler Ventures is a business incubator, holding company, and private equity firm. We help entrepreneurs transform ideas and innovations into greatness.

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:

Raising VC Money for Social Networking Companies

SBA 7A Banks for Boca Raton, Florida Loans

Getting an SBA Loan in 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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