A Plus Lamination Inc Gets a Florida Bank Loan

Florida small business loans are available to Florida small business owners through the SBA. In this case, a Florida bank provides the loan.

Getting a small business loan in Miami, Florida was a top priority for A Plus Lamination Inc back in 2004 and, based on their loan application, they were successful in getting an SBA loan from 1st United Bank. Here are the details on this Florida 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

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323110 - Commercial Lithographic Printing

Loan Approval Date

9/28/2004

Loan Approval Gross Amount

$375,000

Loan Approval from the SBA

Of the total $375,000 loan amount, the SBA guaranteed $281,250.

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 14 employees. The SBA loan documents indicated that the loan would help retain 14 existing jobs. This loan was paid in full, and was closed out on 7/2/2007.

Getting an SBA Loan For Your Business

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like A Plus Lamination Inc did when it applied for and received this $375,000 loan. Remember, feel the fear, and do it anyway.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Equity Financing

Where to Get an SBA Loan in Boca Raton, Florida

SBA Florida Lenders

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